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Honda to cut back on EV investment due to dissatisfaction in the market

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.

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· 3d · on MSN

Nikkei Asia · 3d

Honda scales back electrification investment plan by 30%

· 3d · on MSN

Honda Is Already Backing Off Its Big EV Plans

Honda scales back EV goals, slashes investment amid slowing U.S. demand

Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...

3don MSN

Honda pulls back on EV strategy for now and will push hybrid sales

Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous ...

2d

Japan's Honda slashes global EV investment plan and sales target on weak demand, trade turmoil

Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...

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