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Honda plans a $20 billion pivot to hybrids

Honda Pauses EV Strategy to Focus on Boosting Hybrid Sales

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected sales in the U.S. market. The Japanese automaker revealed that it would no longer aim for EVs to account for 30% of its global sales by 2030.

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Honda pulls back on EV strategy for now and will push hybrid sales

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Honda plans a $20 billion pivot to hybrids as EV sales slow

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Honda pulls back on EV strategy for now, will push hybrid sales

Honda reduces investment in electrification strategy due to market uncertainty and shifts focus to hybrids production.

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Honda Walks Back EV Investment, Sales Targets on Poor Demand

Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...

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Honda slashes plans to invest in electric vehicles

The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 ...

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