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Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans ...
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...
Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March ...
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 ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
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