Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to encourage EV purchases - Honda. Honda is scaling back investme

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on hybrids, now far more in favour, with a slew of revamped models.

For the past 20 years, those who use cars for transportation have begun to consider another option for their everyday lives: the electric vehicle. Switching from a traditional vehicle to an EV could solve quite a slate of problems.