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Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
Honda cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to ...
The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
U.S. and Japanese negotiators are still working on trade talks in Washington. But for Japanese automakers, that's not the ...
Honda has announced to shift its focus towards hybrid vehicles, stating it as the bridge for electric vehicle shift.
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
Honda cuts EV investment to ¥7T, shifting focus to hybrids amid slowing global demand. EVs to make up less than 30% of sales by 2030. Hybrid tech, electric two-wheelers in India, and new models remain ...
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
TOKYO -- Honda Motor will scale back its electrification strategy, lowering planned investment through the fiscal year ending ...
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GlobalData on MSNHonda shifts focus to hybrid vehicles amid EV slowdownHonda is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...
On Tuesday, CEO Toshihiro Mibe said the automaker would cut its EV investment by 30% from ... In response, Honda plans to launch 13 new hybrid models globally starting in 2027, with the aim ...
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