Honda EV Goals Scaling Back

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Honda, EV

Here's Why Honda Is Suddenly Scaling Back Its EV Plans for the Future

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

UPI on MSN · 4d

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.

InsideEVs on MSN · 4d

Honda Is Already Backing Off Its Big EV Plans

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

CBT News20h

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 ...

3don MSN

Honda Downshifts on Its EV Goals Amid Trade, Sales Woes

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

AutoGuide4d

Honda Walks Back EV Strategy, Promises More Hybrids Instead

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 ...

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