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The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
As EV demand cools, Honda pivots to hybrids and cuts EV investments. Is the company adapting smartly or falling behind the ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...
Honda has announced to shift its focus towards hybrid vehicles, stating it as the bridge for electric vehicle shift.
Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing ...
Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...