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Honda executive cautious about new EV production ahead of Trump presidency

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January 8, 2025
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Honda executive cautious about new EV production ahead of Trump presidency

(Reuters) – Honda (NYSE:HMC) Motors will be cautious about starting production of electric vehicles due to uncertainty about President-elect Donald Trump’s industrial policy, a senior executive of the Japanese automaker said on Tuesday.

Honda Representative Executive Officer Noriya Kaihara said at the CES technology conference in Las Vegas that the company would also be cautious about producing batteries in Canada.

This post appeared first on investing.com
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