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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.
Autoweek on MSN · 1d
Here's Why Honda Is Suddenly Scaling Back Its EV Plans for the Future
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the works.
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.
2d
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 ...
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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