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Honda to cut back on EV investment due to dissatisfaction in the market

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

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electrive.com · 3d

Honda to cut back on EV investment and focus on hybrids

Autobody News · 3d

Honda Cuts EV Investment by 30%, Shifts Focus to Hybrids

Honda scales back EV goals, slashes investment amid slowing U.S. demand

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

3d

Honda Hits The Brakes On EV Push, Bets Big On Hybrid Revival: Report

Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...

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