Honda cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to ...

Honda is drastically reducing its electric vehicle (EV) investment plans and pivoting towards a strategy that emphasizes ...

Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...

Honda will shift its focus to gasoline-electric hybrid vehicles, including a next-generation technology debuting in 2027.

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...

Under the new plan, Honda wants to launch 13 all-new hybrid models globally by 2031. Furthermore, in the second half of the ...

TOKYO -- Honda Motor will scale back its electrification strategy, lowering planned investment through the fiscal year ending ...