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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 cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to ...
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
Honda has announced to shift its focus towards hybrid vehicles, stating it as the bridge for electric vehicle shift.
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
U.S. and Japanese negotiators are still working on trade talks in Washington. But for Japanese automakers, that's not the ...
Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
TOKYO -- Honda Motor will scale back its electrification strategy, lowering planned investment through the fiscal year ending ...
On Tuesday, CEO Toshihiro Mibe said the automaker would cut its EV investment by 30% from ... In response, Honda plans to launch 13 new hybrid models globally starting in 2027, with the aim ...