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TOKYO -- Honda Motor will scale back its electrification strategy, lowering planned investment through the fiscal year ending ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous ...
Honda has announced to shift its focus towards hybrid vehicles, stating it as the bridge for electric vehicle shift.
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...
Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.