Honda plans a $20 billion pivot to hybrids
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Honda opened the order books for the 2026 HR-V crossover, which received stylish and tech updates while raising the starting price by $800
For the past 20 years, those who use cars for transportation have begun to consider another option for their everyday lives: the electric vehicle. Switching from a traditional vehicle to an EV could solve quite a slate of problems.
The 2026 HR-V introduces several new features to enhance user experience. A larger 9-inch HD touchscreen now comes standard, offering wireless Apple CarPlay and Android Auto compatibility. Additionally, a wireless phone charger is included as standard equipment. These updates are designed to improve convenience and connectivity for drivers.
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.
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Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on hybrids, now far more in favour, with a slew of revamped models.
Honda Motor Co. released its financial results for the fiscal year ending March 31, 2025, revealing a mixed performance across its business segments. While overall profitability declined, the company’s motorcycle business continued to show strength and resilience.
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AutoGuide on MSNHonda Tells The Truth About Electric CarsHonda is rethinking its playbook when it comes to electric vehicles and the software that powers them. Honda says the