Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...

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

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 ...

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

Honda Motor Co., Ltd on Tuesday released ... over the next roughly half-decade because EV adoption has fallen behind the company’s initial projections. As a corollary shift in strategy, the company ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the long-term shift toward ... expansion of the EV market due to several ...