Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s ...

The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...

The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...

Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...

Honda isn't the only automaker potentially shifting operations. Hyundai announced plans in March to invest $20 billion to bring manufacturing operations to the U.S. Part of that investment ...

Honda is dialing back its ambitious EV push and doubling down on hybrids amid slowing demand. On Tuesday, CEO Toshihiro Mibe said the automaker would cut its EV investment by 30% from $69 billion ...

Honda Motor 72670.25%increase; green up pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows. The Japanese ...