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News

Honda plans a $20 billion pivot to hybrids

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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.

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DMR News on MSN · 3d
 · 4d · on MSN
Honda plans a $20 billion pivot to hybrids as EV sales slow
 · 4d · on MSN
Honda pulls back on EV strategy for now and will push hybrid sales
3don MSN
Honda Is Suddenly Scaling Back EV Plans
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
1don MSN
"Difficult for OEMs to guarantee EV battery if customers...": Honda explain swapping approach
Honda has reached a global production milestone of 500 million two-wheeler units, with India playing a crucial role in ...
Electric Autonomy Canada
9d
Honda hits pause on $15-billion EV value chain build out in Ontario
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
4d
Big changes for Honda after failed Nissan merger
Like a person rebounding after a relationship ends, Honda is ready to move on and travel a different path following its failed merger with Nissan.

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