Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...

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

Facing a fast-changing global auto industry, Honda is steering its future in a bold new direction. Recently, Toshihiro Mibe, ...

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

Honda Motor has announced a major strategic shift, scaling back its electric vehicle (EV) investments and redirecting its ...

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

Japanese carmaker Honda has decided to make changes to its EV strategy due to slowing demand globally for electric vehicles.

Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...

On Tuesday, the Japanese carmaker said it will focus on hybrid cars, and will launch 13 models between 2027 and 2031 as ...

Honda cuts EV investment to ¥7T, shifting focus to hybrids amid slowing global demand. EVs to make up less than 30% of sales by 2030. Hybrid tech, electric two-wheelers in India, and new models remain ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...