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Honda U.S. Electric Vehicle Manufacturing Cancellation

Sector: Automotive • Location: Jeffersonville, Ohio, United States

Source: Corporate Knights

Project
Cancelled

Honda has canceled plans for three models of U.S.-made electric vehicles, including the Honda 0 SUV, Honda 0 Saloon, and Acura RSX, due to a slowdown in the U.S. EV market and policy changes. This includes a $15.7 billion charge related to restructuring its operations and impacts the Honda-LG battery plant in Ohio.

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Project Information

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The project “Honda U.S. Electric Vehicle Manufacturing Cancellation” is an infrastructure initiative in the Automotive sector, located in Jeffersonville, Ohio, United States. Taiyo aggregates data on it from Corporate Knights.

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Participants

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Status

Original status

cancelled

Taiyo status

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Taiyo last update

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Available timestamps

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Email

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Description

Description

Honda has canceled plans for three models of U.S.-made electric vehicles, including the Honda 0 SUV, Honda 0 Saloon, and Acura RSX, due to a slowdown in the U.S. EV market and policy changes. This includes a $15.7 billion charge related to restructuring its operations and impacts the Honda-LG battery plant in Ohio.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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