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Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...
Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Honda 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 ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
TOKYO, May 20 (Reuters) - Honda Motor (7267.T), opens new tab said on Tuesday that it was scaling back its investment in electric ... to launch 13 next-generation hybrid models globally in the ...
Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...