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The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans ...
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...
Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...
The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...
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