Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown.Its CEO cited regulatory ...

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

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

Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...

Honda revises EV strategy, prioritizes hybrids, ADAS, cost efficiency, and sustainability, aiming for carbon neutrality and ...

The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...