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

The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

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

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

Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.

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

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

Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...