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

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...

Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...

Honda is shifting gears on its electric vehicle (EV) strategy, opting to prioritize hybrids as demand for full battery-powered cars softens globally ...

Honda Global CEO Toshihiro Mibe gave remarks at a press conference in Tokyo where he stressed the company plans to achieve a goal to ... to back off of a plan to establish an EV value chain ...

On Tuesday, the Japanese carmaker said it will focus on hybrid cars, and will launch 13 models between 2027 and 2031 as ...

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

Honda bosses blamed disappointing demand and moves by foreign governments to roll back green regulations designed to ...

TOKYO, May 20 (Reuters) - Honda Motor (7267.T), opens new tab said on Tuesday that it was scaling back its investment ... of global car brands dialling back EV investment due to the shift in ...

In a notable pivot, Honda Motor has announced it is pulling back on its electric vehicle (EV) investments, redirecting focus ...

The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.