honda electric vehicle

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Honda CEO shares a bold take on future of electric vehicles

Honda slashes £15bn from electric car budget to focus on hybrids

Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to encourage EV purchases - Honda. Honda is scaling back investme

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Japan's Honda to scale back on electric vehicles, focus on hybrids

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Honda CEO shares a bold take on the future of electric vehicles

Honda CEO Is All About Hybrids Now That EV Adoption Is ‘Pushed Back 5-6 Years’

Honda CEO Toshihiro Mibe is adjusting his company’s course after recent events drastically altered the global outlook for combustion and electric vehicles.

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Honda Planning New Hybrid System for Large Vehicles Later This Decade

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As EV sales slow in U.S., Honda pulls back on EV strategy, will push hybrids

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Honda Motor to Dial Back EV Investment

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.

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Honda pulls back on EV investment

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Honda to cut back on EV investment due to dissatisfaction in the market

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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 its original multi-trillion-Yen investments, dialing down its EV and software research and development budget from ten trillion yen (~$68.97 billion) to seven trillion yen (~$48.28 billion).

Honda pulls back on EV strategy for now and will push hybrid sales

Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of having EVs reach 30% of its global vehicle sales by 2030

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Honda Electric Vehicles: What's Up With the Slow (and Slowing) Roll?

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to make ...

Japan's Honda slashes global EV investment plan and sales target on weak demand, trade turmoil

Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping proposed investment in EVs to 7 trillion yen, or $48.3 billion.