Citing massive losses and a cooling market, the Japanese auto giant is backing away from an all-electric future in a huge ...

Honda is tapping the brakes on one of its loftiest transitional production targets. The company confirmed it no longer expects to hit its goal of making 30% of global car sales EVs by 2030. The ...

Honda Downshifts on Its EV Goals Amid Trade, Sales Woes The automaker known for the Accord, Civic, and CR-V is leaning toward cars with this bestselling technology.

Honda said it is abandoning its goal to have 30 percent of its sales come from electric vehicles by 2030. However, the company still plans to try and phase out combustion engines entirely by 2040.

Honda has set ambitious EV sales goals of 70,000 vehicles annually when its first volume EV arrives in 2024 and a half a million electric and fuel cell vehicles by 2030.

Honda has a goal of only selling electrified vehicles by 2040. Mibe kept that unchanged for now, explaining away the current stagnation in EV sales as a “short-term headwind.” ...

Honda And Kia Up EV Production Goals As Segment Growth Booms EV sales grew a whopping 60% in 2023, with one in every seven passenger cars bought being an EV. By: Steven Loveday Apr 28, 2023 at 8 ...