The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...

CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...

Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...

Honda revises EV strategy, prioritizes hybrids, ADAS, cost efficiency, and sustainability, aiming for carbon neutrality and ...

Honda cuts EV investment to ¥7T, shifting focus to hybrids amid slowing global demand. EVs to make up less than 30% of sales by 2030. Hybrid tech, electric two-wheelers in India, and new models remain ...

Japanese carmaker Honda has decided to make changes to its EV strategy due to slowing demand globally for electric vehicles.

Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.

Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...

13 hybrid models to be globally introduced over four years starting from 2027: Honda Motor CEO (Global) Toshihiro Mibe.