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Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
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 ...
Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...
Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...
Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...
Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...