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Honda scales back pure electric vehicle ambitions as focus turns to hybrid cars
On Tuesday, the Japanese carmaker said it will focus on hybrid cars, and will launch 13 models between 2027 and 2031 as easier environmental regulations and global trade uncertainties have slowed the adoption of electric cars in the developed countries.
Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...
(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s by around $20 billion over the next few years. Honda is now reviewing the ...
At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...
Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...
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Honda Walks Back EV Strategy, Promises More Hybrids InsteadHonda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to ...
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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