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Honda Hits The Brakes On EV Push: Here's What’s Behind The Shift
Honda Motor Company has announced a significant revision to its electric vehicle (EV) strategy in response to an EV slowdown in global demand. The company has reduced its target for EV sales from 30 per cent to 20 per cent by 2030.
Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown.Its CEO cited regulatory ...
The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...
Honda's electrified CR-V combines familiarity with an economy bump, but are the gas savings here enough to offset a higher ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
On Tuesday, the Japanese carmaker said it will focus on hybrid cars, and will launch 13 models between 2027 and 2031 as ...
The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 ...
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