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US dollar49.92EGPEuro57.25EGPBritish pound66.03EGPSaudi riyal13.31EGPUAE dirham13.59EGPKuwaiti dinar161.16EGPJordanian dinar70.41EGPQatari riyal13.71EGPTurkish lira1.07EGPChinese yuan7.36EGPGold 246,671.42EGP/gGold 215,837.50EGP/gGold 185,003.57EGP/gSilver104.26EGP/g

Economy

Honda indefinitely suspends $15B EV plant in Ontario

By rivo_admin · May 14, 2026 · 1 min read

Honda indefinitely suspends $15B EV plant in Ontario

Honda has indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario, as it pivots away from EVs and toward hybrids. The move comes as the automaker posted its first full-year loss ever to the tune of $3.68 billion, in large part due to lower EV demand.

المصدر: CBC — Business

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