Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

CEO Toshihiro Mibe called it “a switch in the planned course,” stressing the long-term shift toward electrification remained ...

Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy ... EV market due to several factors, including changes in environmental regulations,” Honda ...

OTTAWA--Canadian Finance Minister François-Philippe Champagne remains confident in the government's growth strategy ... delaying the EV project, Honda also said it was shifting some production ...

short-term production shift strategies to mitigate negative developments, he added. It was about 13 months ago when Honda unveiled its plan for the Canada EV project, about 70 miles northwest of ...