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

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

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...

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

The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.

The company has also paused its $10.7 billion Canadian EV factory conversion for two years, while still committing to a 2040 full electrification goal. Honda said it is abandoning its goal to have ...

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...

TOKYO — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs ... just pushed back in time.

The Japanese automaker is scaling back its EV transition as it refocuses on hybrids, with a next-generation hybrid powertrain set to arrive in 2027.

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

Honda on Tuesday announced plans to scale ... will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.