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News

Honda plans a $20 billion pivot to hybrids

UPI on MSN · 3d
Honda to cut back on EV investment due to dissatisfaction in the market
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.
Autoweek on MSN · 1d
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.
Insider on MSN · 3d
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.
1d
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 ...
7d
Honda Earnings: Hybrids Deliver, But Tariffs And EV Delays Weigh Heavily
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
Electric Autonomy Canada
7d
Honda hits pause on $15-billion EV value chain build out in Ontario
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...

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