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News

Honda plans a $20 billion pivot to hybrids

Insider on MSN · 2d
Honda plans a $20 billion pivot to hybrids as EV sales slow
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer demand.
Carscoops on MSN · 2d
A New Large Honda Hybrid Is Coming To America After EV Rethink
Honda cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to hybrids, with 13 new models and a target of 2.2 million sales by 2030. It’s also working on advanced ADAS to enhance the competitiveness of both EVs and HEVs.
The Wall Street Journal on MSN · 1d
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.
Hawai‘i Public Radio
1h
Asia Minute: Honda downshifts its electric vehicle plans
U.S. and Japanese negotiators are still working on trade talks in Washington. But for Japanese automakers, that's not the ...
1d
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 ...

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