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

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 ...

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

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

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

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a ...

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

Honda Motor (NYSE:HMC) is scaling back its electric vehicle (EV) ambitions, cutting planned investment by 30% to 7 trillion ...

TORONTO (AP) — Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project ... progression as market conditions change,” Chiu said in a statement.

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

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada ... and project progression as market conditions change,” Chiu said in a statement.