Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March ...

(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s ...

The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...

Honda isn't the only automaker potentially shifting operations. Hyundai announced plans in March to invest $20 billion to bring manufacturing operations to the U.S. Part of that investment ...

The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...

Honda Motor 72670.25%increase; green up pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows. The Japanese ...

Honda is dialing back its ambitious EV push and doubling down on hybrids amid slowing demand. On Tuesday, CEO Toshihiro Mibe said the automaker would cut its EV investment by 30% from $69 billion ...