(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 ...

Honda has halted development of its large electric SUV due to the early termination of the U.S. electric vehicle subsidy ...

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 will shift its focus to gasoline ... Honda CEO Toshihiro Mibe cuts sales, investment targets. Hans ... Japan’s No. 2 carmaker now estimates that EV volume will be around 700,000 to ...

Honda has lowered its EV investment plans substantially through 2030. Initially, this number was 10 trillion yen ($69 billion ...

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

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

Honda Motor 7267-0.49 % decrease; red down pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

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

Honda has reportedly canceled plans for a large electric SUV originally set to launch in 2027, responding to weakening EV ...

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 ...