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Honda plans a $20 billion pivot to hybrids

Honda plans a $20 billion pivot to hybrids as EV sales slow

Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown.Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.The abandoned merger with Nissan adds pressure on Honda to safeguard its future.

· 19h · on MSN

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

Autocar India on MSN · 7m

Honda EV plans scaled down with renewed focus on hybrid cars

· 17h

Honda takes the EV out.

Instead, it’s shifting focus to hybrids, though still plans to be selling only EVs by 2040.

· 20h

Japan's Honda scales back EV investments, shifts focus to hybrid vehicles

· 21h

Japan's Honda to scale back on electric vehicles, concentrate on hybrids

Honda reveals delay of $15-billion Canada investment part of shift in EV strategy

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by aroun

10h

Honda slashes EV budget in fresh blow for the electric car industry amid waning demand as it vows to focus on hybrids

The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 percent, amid dwindling demand.