Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

Industry Minister Mélanie Joly said Thursday that she’s spoken with officials at Honda and Stellantis, who’ve assured her that there would be no job losses despite a shift in both companies’ EV ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

CEO Toshihiro Mibe called it “a switch in the planned course,” stressing the long-term shift toward electrification remained ...

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy ... EV market due to several factors, including changes in environmental regulations,” Honda ...

Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown. Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.

See All 63 Photos Honda is following a different strategy and using a different EV platform and supply chain for China than the rest of the world because the market in China is unique and moving ...

Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment by 3 trillion yen ($21 ...

BMW CEO Oliver Zipse asserts the company's flexible EV strategy has been validated as competitors scale back ambitious all-electric targets. BMW maintained its approach of offering multiple ...