Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

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

Honda says electric ... be 30% of its global vehicle sales by 2030. Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy through the fiscal year ...

Honda reduces investment in electrification strategy due to market uncertainty and shifts focus to hybrids production.

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S ... in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment ...