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News

Honda plans a $20 billion pivot to hybrids

Insider on MSN · 1d
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 changes and slowing EV growth as key reasons for a strategic shift.The abandoned merger with Nissan adds pressure on Honda to safeguard its future.
Autoweek on MSN · 17h
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 works.
Barron's on MSN · 1d
EV Battery Stock Is Surging While Honda Cuts Back on EVs
CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans. Oddly, both stocks are up.
17h
Honda Slashes EV Investment, Shifts Focus to Hybrids and Flexible Manufacturing
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
1d
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 ...
2d
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 ...

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