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Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...
Honda cuts EV investment to ¥7T, shifting focus to hybrids amid slowing global demand. EVs to make up less than 30% of sales by 2030. Hybrid tech, electric two-wheelers in India, and new models remain ...
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
Honda Motor Company has announced a significant revision to its electric vehicle (EV) strategy in response to an EV slowdown ...
Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Honda has said it is reconsidering its previous expectations of uptake of electric vehicles and will ease off its EV ...
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Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift. The abandoned merger with Nissan adds pressure on Honda to safeguard its future. Honda is dialing back ...