Honda cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to hybrids, with 13 new models and a target of 2.2 million sales by 2030.

Honda is drastically reducing its electric vehicle (EV) investment plans and pivoting towards a strategy that emphasizes hybrid models. According to a report by the EV-focused media outlet ...

Honda slows EV production, but Ohio battery plant remains on track. Company's $5.4 billion investment enables flexible manufacturing for EVs, hybrids and gas vehicles.

According to the Japanese media, Honda decided to cut EV funding from 10 trillion yen, which translates to $68.5 billion at the current exchange rate, to just seven trillion yen, the equivalent of ...

Honda is officially scrapping plans for a large electric SUV that was previously scheduled to arrive in 2027.The move comes as slowing EV demand, regulatory uncertainty, and high production costs ...

Honda And Nissan Halting U.S.-Built EV Launches As Demand Decreases By George Barta July 11, 2025 7:05 am 14 Sponsored ...

However, with a new EV platform, batteries, and motor, Honda’s new models look to be a significant upgrade. The new EV SUV will be one of seven new electric vehicles Honda plans to launch by 2030.