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The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...
Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...
Honda Motor (NYSE:HMC) said on Tuesday that it was scaling back its investment in electric vehicles due to weakening demand ...
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Facing a fast-changing global auto industry, Honda is steering its future in a bold new direction. Recently, Toshihiro Mibe, ...
Honda Motor (NYSE:HMC) is scaling back its electric vehicle (EV) ambitions, cutting planned investment by 30% to 7 trillion ...
Honda has announced it will scale back investment in electric vehicles by a third due to falling demand from drivers who ...