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The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
President Donald Trump’s policies on tariffs, as well as his lack of enthusiasm for electric vehicles, have Japanese ...
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
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GlobalData on MSNHonda shifts focus to hybrid vehicles amid EV slowdownHonda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
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Korea JoongAng Daily on MSNHonda to scale back on EVs, focus on hybridsHonda said on Tuesday that it was scaling back its investment in EVs given slowing demand and would be focusing on hybrids, now far more in favor, with a slew of revamped models.
Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment by 3 trillion Yen ($21 ...
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AutoGuide on MSNHonda Walks Back EV Strategy, Promises More Hybrids InsteadHonda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...
Honda Motor HMC-N said on Tuesday ... Other automakers that have scaled back EV investment include struggling rival Nissan, which this month abandoned a plan to build a $1.1-billion battery ...
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