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Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...
Japan’s auto biggie Honda HMC is pulling back on its electric vehicle (EV) plans as global demand cools. Instead, the company ...
Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...
At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.