News

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 ...
Honda reducing EV investments by $21B, shifting focus to hybrids, ADAS tech
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
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 ...
Honda Walks Back EV Investment, Sales Targets on Poor Demand
Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...
Honda Downshifts on Its EV Goals Amid Trade, Sales Woes
At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...