Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

Honda Motor has announced a major strategic shift, scaling back its electric vehicle (EV) investments and redirecting its ...

Honda Motor has announced a major strategic shift, scaling back its electric vehicle (EV) investments and redirecting its focus ...

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

Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.

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

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...

Volkswagen faces headwinds from U.S. tariffs, China market pressure, and lower margins on electric vehicles. Read how all this could impact the earnings outlook for VWAGY.

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...