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Honda plans a $20 billion pivot to hybrids

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.

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GlobalData on MSN · 1d

DMR News on MSN · 20h

Honda Pauses EV Strategy to Focus on Boosting Hybrid Sales

· 2d · on MSN

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

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.

20h

Honda Slashes EV Investment, Shifts Focus to Hybrids and Flexible Manufacturing

Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...

1don MSN

Honda slashes EV budget in fresh blow for the electric car industry amid waning demand as it vows to focus on hybrids

The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 ...

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