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 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 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 ...

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

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.

Honda and Sony posted a ¥52 billion ($362 million) loss for their Afeela EV project. Last year, Honda Sony Mobility posted a loss of ¥20.5 billion ($143 million).