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

Despite the booming electric vehicles (EV) market in recent years, many carmakers are scaling back their electrification push ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...

The proposed investment reduction is based on its decision ... through the reassessment of the powertrain portfolio. The Honda global EV sales ratio in 2030 is now expected to fall below the ...

Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing demand for hybrid vehicles with new ...

Honda has announced that it is lowering its sales targets and scaling back on its investment plans for pure electric vehicles ...

Japanese auto major Honda said on Tuesday that it is scaling back electric vehicle (EV) investments amid slowing demand and ...

TOKYO, May 20 (Xinhua) -- Japanese automaker Honda Motor Co. on Tuesday announced a revision to its electric vehicle (EV) strategy, cutting its planned investment through fiscal 2030 from 10 trillion ...

The proposed investment reduction is based on its decision ... Canada and change the timing to construct dedicated EV production plants. Honda said it has decided to reduce the investment amount ...

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...