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

To be clear, Honda still stands by its goal to “achieve carbon neutrality for all products and corporate activities” by 2050.

In an interview with Drive, Honda Australia president and CEO, Jay Joseph, went on record and said that battery-electric vehicles (BEVs) are just part of its journey to being carbon-neutral by 2050.