News Analysis
The federal government’s road to a net-zero emissions transportation sector has not been without potholes and detours, as it seeks to nudge reluctant consumers and navigate a shifting global environment.
The electric vehicle (EV) sector has undergone dramatic shifts in recent years, marked by multibillion-dollar government investments, major manufacturing projects, and high-profile setbacks, as evolving policies in the United States and China continue to reshape global market dynamics.
One consequence of the turbulence in the sector came last week, as Japanese media Nikkei Asia reported on May 6 that Honda will cancel its $15 billion EV supply chain investment plan in Canada, consisting of four new manufacturing plants in Ontario….