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News

Honda plans a $20 billion pivot to hybrids

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Honda Pauses EV Strategy to Focus on Boosting Hybrid Sales
Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected sales in the U.S. market. The Japanese automaker revealed that it would no longer aim for EVs to account for 30% of its global sales by 2030.

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DMR News on MSN · 1d
 · 2d · on MSN
Honda pulls back on EV strategy for now and will push hybrid sales
 · 3d · on MSN
Honda plans a $20 billion pivot to hybrids as EV sales slow
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This Automaker is Walking Back its Electric Car Strategy
Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them. Honda says the ...
3d
Honda pulls back on EV strategy for now, will push hybrid sales
Honda reduces investment in electrification strategy due to market uncertainty and shifts focus to hybrids production.

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