[Honda Delays Canadian EV Investment Plan by About Two Years Due to Current Slowdown in EV Demand] Due to the current slowdown in demand for electric vehicles, Honda has delayed its Canadian EV investment plan by about two years. Honda originally planned to establish a comprehensive electric vehicle (EV) value chain in Canada by investing approximately CAD 15 billion (including investments from joint venture partners), in support of the global initiative to achieve 100% of auto sales from battery electric vehicles and fuel cell electric vehicles by 2040.