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Billionaire Elon Musk is fighting to make sure federal tax incentives for electric vehicles (EVs) -- a key subsidy that makes ...
Honda Motor is working to boost profitability and find a stable growth strategy, pivoting toward hybrid vehicles for now after curtailing plans to invest 10 trillion yen ...
Bhavish Aggarwal and Ola Electric have their work cut out for them after the EV maker lost its top spot in the market to ...
Key topics include billions of dollars in expected EV write-downs, a retrench to “core” businesses for automakers and a ...
VinFast, the Vietnamese EV manufacturer, is gearing up to launch its VF7 electric SUV in India, followed by the VF6. Bookings are set to begin later t ...
Honda reveals plans for an incremental reduction in EV investment over the next few years, favoring a heavier mix of hybrid models. The automaker cites "a slowdown in the expansion of the EV ...
(Reuters) Honda Motor Company has significantly trimmed its electric vehicle (EV) investment plans, shifting focus toward hybrid models amid a global slowdown in EV demand. The company now expects ...
Honda's cuts come just days after Nissan scrapped ... but at the moment we see EVs accounting for about a fifth by then.' He added: 'EV investment hasn’t been abandoned, just pushed back.' ...
“Honda is reassessing its EV strategy and roadmap ... Several global auto giants have in the last one year delayed or cut back investments in the electric vehicle segment.
TOKYO — Honda Motor ... its planned investment in electrification and software through the 2030 business year to 7 trillion yen ($48.4 billion) from 10 trillion yen previously. "Based on the current ...
Honda Motor Co. said Tuesday it will cut its investment plan for electric vehicle technology through fiscal 2030 to around 7 trillion yen ($48 billion) from the previous 10 trillion yen, citing ...
(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile ...