(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile ...

May 20 (UPI) --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 ...

The cut comes after Honda said earlier this month that it would pause its $10.7 billion plan to transform its factory in Ontario, Canada, into an EV-building hub that would support the one in Ohio.

The cut comes after Honda said earlier this month that it would pause its $10.7 billion plan to transform its factory in Ontario, Canada, into an EV-building hub that would support the one in Ohio ...

Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March 2031 from its original plan. The Japanese automaker said Tuesday that it ...

Honda decided to focus on ICEs and hybrids rather than rolling out one more electric crossover that the market is not ready ...

The Japanese automaker's upcoming large SUV has fallen victim to a plan to slash $20 billion from its EV development budget ...

Now that the federal EV tax credit will end in the U.S. this September, automakers like Honda and Nissan are changing their ...

Honda Motor 7267 1.30 % increase; green up pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

TOKYO (Kyodo) -- Honda Motor Co. said Tuesday it will cut its investment plan for electric vehicle technology through fiscal 2030 to around 7 trillion yen ($48 billion) from the previous 10 ...