Honda executive cautious about EV production ahead of Trump presidency

© Reuters. FILE PHOTO: Honda's electric vehicle (EV) e:NS2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo

(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.

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