Honda pulls back on EV strategy for now and will push hybrid sales Honda’s auto plant in Marysville, Ohio, for instance, will be adapted to produce both EVs and hybrids under the new plan.

Honda revises EV strategy, prioritizes hybrids, ADAS, cost efficiency, and sustainability, aiming for carbon neutrality and safer mobility by 2050.

Honda Australia confirms its 2026 plans for Australia, including the resurrection of a famous nameplate and the arrival of a ...

The Canadian government pledged $22 billion in financing and tax breaks to lure those companies. Honda isn't the first setback for Canadian officials in their push to attract EV investment.

Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of having EVs reach 30% of its global vehicle sales by 2030.

Business Honda pulls back on EV strategy for now and will push hybrid sales Honda Chief Executive Toshihiro Mibe speaks during a news conference in Tokyo, Japan, Tuesday, May. 20, 2025. Credit: AP ...

Honda’s profit for the fiscal year through March slipped 24.5% from the previous year. But much of the negative impact is from external factors like tariffs and sliding sales in China.