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Honda plans a $20 billion pivot to hybrids

GlobalData on MSN · 1d

Honda shifts focus to hybrid vehicles amid EV slowdown

Honda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for electric vehicles (EVs). The company announced a reduction in its planned investment for electrification and software through the 2030 business year to Y7tn ($48.

DMR News on MSN · 15h

Honda Pauses EV Strategy to Focus on Boosting Hybrid Sales

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected sales in the U.S. market. The Japanese automaker revealed that it would no longer aim for EVs to account for 30% of its global sales by 2030.

Insider on MSN · 1d

Honda plans a $20 billion pivot to hybrids as EV sales slow

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

2d

In EV reality check, Honda CEO Toshihiro Mibe cuts sales, investment targets

Honda will shift its focus to gasoline-electric hybrid vehicles, including a next-generation technology debuting in 2027.

1d

Honda Hits The Brakes On EV Push, Bets Big On Hybrid Revival: Report

Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...

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