Honda Motor Co., Ltd. announced a significant realignment of its automobile business strategy, adapting to recent shifts in ...

Honda Motor Company has announced a significant revision to its electric vehicle (EV) strategy in response to an EV slowdown ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda Motor Co., Ltd on Tuesday released ... over the next roughly half-decade because EV adoption has fallen behind the company’s initial projections. As a corollary shift in strategy, the company ...

Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy ... EV market due to several factors, including changes in environmental regulations,” Honda ...

the Global CEO of Honda Motor Co., unveiled a comprehensive realignment of the company’s automobile electrification strategy. This comes amid slowing EV demand, shifting regulations, and global ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

A big part of this plan is next-generation ADAS (advanced driver-assist systems), which the company is developing in-house.

Honda chief executive Toshihiro Mibe ... over the next roughly half-decade because EV adoption has fallen behind the company’s initial projections. As a corollary shift in strategy, the company plans ...