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Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans ...
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...
Honda Motor Co. released its financial results for the fiscal year ending March 31, 2025, revealing a mixed performance ...
Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...
Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...
Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...
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