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News

Honda plans a $20 billion pivot to hybrids

Insider on MSN · 1d
Honda plans a $20 billion pivot to hybrids as EV sales slow
Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown.Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.The abandoned merger with Nissan adds pressure on Honda to safeguard its future.
Autoweek on MSN · 9h
Honda Is Suddenly Scaling Back EV Plans
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the works.
TechStory · 9h
Honda Slashes EV Investment, Shifts Focus to Hybrids and Flexible Manufacturing
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles
ABC Columbia
13m
Honda pulls back on EV investment
(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s by around $20 billion over the next few years. Honda is now reviewing the ...
17hon MSN
Honda Revises EV Strategy, Aims Carbon Neutrality By 2050
Honda revises EV strategy, prioritizes hybrids, ADAS, cost efficiency, and sustainability, aiming for carbon neutrality and ...
1d
Honda slashes EV budget in fresh blow for the electric car industry amid waning demand as it vows to focus on hybrids
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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