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

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 is shifting gears on its electric vehicle (EV) strategy, opting to prioritize hybrids as demand for full battery-powered cars softens globally ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

TOKYO -- Honda ... investment through the fiscal year ending March 2031 by 30% to 7 trillion yen ($48.5 billion), the automaker announced Tuesday. The Japanese company is shifting its focus to ...

Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...

Honda is shifting ... vehicles (EVs) to hybrid vehicles in response to slowing demand for electric vehicles (EVs). The company announced a reduction in its planned investment for electrification ...

TOKYO (Reuters) - Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing ...

Honda Motor said on Tuesday ... Other automakers that have scaled back EV investment include struggling rival Nissan, which this month abandoned a plan to build a $1.1 billion battery factory ...

Honda said on Tuesday that it was scaling back its investment in EVs given slowing demand and would be focusing on hybrids, now far more in favor, with a slew of revamped models.

File Photo by Keizo Mori/UPI May 20 (UPI) --The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric ... high demand for hybrid electric vehicles ...