The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

The proposed investment reduction is based on its decision ... through the reassessment of the powertrain portfolio. The Honda global EV sales ratio in 2030 is now expected to fall below the ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...

Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing demand for hybrid vehicles with new ...

Despite the booming electric vehicles (EV) market in recent years, many carmakers are scaling back their electrification push ...

Honda has announced that it is lowering its sales targets and scaling back on its investment plans for pure electric vehicles ...

Japanese automaker Honda Motor Co. on Tuesday announced a revision to its electric vehicle (EV) strategy, cutting its ...

Part of this reduction stems from the postponement of a major EV investment project in Canada. More importantly, Honda is introducing a new mixed production system that can handle both EVs and ...

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...

Honda Motor (NYSE:HMC) is scaling back its electric vehicle (EV) ambitions, cutting planned investment by 30% to 7 trillion ...