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The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.
Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...
Honda revises EV strategy, prioritizes hybrids, ADAS, cost efficiency, and sustainability, aiming for carbon neutrality and ...
The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...
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