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schizoidman@lemmy.zip to Electric Vehicles@slrpnk.netEnglish · 15 days ago

Honda shelves $11B Canada EV factory as its electric retreat deepens

electrek.co

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  • canada@lemmy.ca
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Honda shelves $11B Canada EV factory as its electric retreat deepens

electrek.co

schizoidman@lemmy.zip to Electric Vehicles@slrpnk.netEnglish · 15 days ago
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  • canada@lemmy.ca
Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a...
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  • inari@piefed.zip
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    15 days ago

    Retreat into irrelevance

    • real_squids@sopuli.xyz
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      15 days ago

      Maybe in NA, their chinese-built EVs are still very popular here

  • thatKamGuy@sh.itjust.works
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    15 days ago

    Not sure about in North America - but Honda have largely become irrelevant here in Australia, falling so far behind Toyota, Mazda, Hyundai and Kia.

    There is still a small, devoted fan-base (my wife included) who are brand loyal due to (perceived?) reliability - but man, it’s not doing so well in sales.

    • 😈MedicPig🐷BabySaver😈@lemmy.world
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      14 days ago

      Perceived reliability? I had a 2011 Civic with over 200K, zero problems until I crashed. Then 2015, 188K when I also crashed. Now, 2019, 105K, no mechanical problems so far. I’ll try better to avoid another crash. 😏

    • PerogiBoi@lemmy.ca
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      14 days ago

      They’re not even reliable. The 2018 gen Honda Civic has a known air conditioner problem. My brother got rid of his car after the third recall on the air conditioner and instability caused from it. Honda and Toyota decided that innovation and reliability weren’t for them anymore.

  • Nednarb44@lemmy.world
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    15 days ago

    Its a bold move, I’m sure it will pay off /s

  • baggachipz@sh.itjust.works
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    14 days ago

    “Our commitment to horses and buggies is unwavering.”

  • quickenparalysespunk@lemmy.dbzer0.com
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    13 days ago

    electric retreat? will Honda even be a company in 5 years? selling motorcycles and lawnmowers and nothing bigger, if they’re still around.

    …i loved my Honda back in the day…

    (i don’t hate them now, just saying they are doing poorly, to put it mildly)

  • jaykrown@lemmy.world
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    14 days ago

    They retreat while other companies adapt and grow.

  • Victor@lemmy.world
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    14 days ago

    “Canada” is an adjective nowadays? I thought it was “Canadian”.

  • Grass@sh.itjust.works
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    15 days ago

    I want like five 80s civic wagons but other than that honda can gtfo.

  • Hanrahan@slrpnk.net
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    14 days ago

    https://moneywise.com/auto/auto/toyota-honda-ford-ceos-warning-china-portfolio

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