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Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
Honda will shift its focus to gasoline-electric hybrid vehicles, including a next-generation technology debuting in 2027.
The surge in electric car sales in early 2025 had been widely anticipated since carmakers had prepared an aggressive rollout of EVs this year to meet tougher emissions regulations in the EU, with some ...
At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...
By Alimat Aliyeva In April, Chinese automaker BYD Co. overtook Toyota in electric vehicle sales in Europe for the first ...
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.
“The EU’s CO₂ limit flexibilities do give some scope for carmakers to relax their sales push in 2025 and we need to see what changes after the US tariffs upheaval,” says Chris Heron, secretary-general ...
Japanese automaker Honda is scaling back its once-ambitious electric vehicle investment and sales targets ... comes as auto emissions regulations in North America and Europe have loosened at ...
The UAE wants half of the cars on its road to be electric by 2050 - but by 2030, researchers at PwC estimate that ...
Japanese auto major Honda said on Tuesday that it is scaling back electric vehicle (EV) investments amid slowing demand and ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Iconic car brand boss gives major update on merger with rival as firms say EV push is slashing sales
THE BOSS of an iconic car brand has revealed a major update on its merger with a rival, as the company admits the EV push is hurting sales. Despite rumours of a potential tie-up between Stellantis ...
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