For the past 20 years, those who use cars for transportation have begun to consider another option for their everyday lives: the electric vehicle. Switching from a traditional vehicle to an EV could solve quite a slate of problems.

Honda is scaling back its once-ambitious electric vehicle investment and sales targets in light of changing emissions regulations and the unsteady international trade environment affecting the larges...

The Japanese automaker said Tuesday that it will invest seven trillion yen, equivalent to $48.32 billion, to realize its electrification strategy, down from the ¥10 trillion it previously planned.