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

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda says electric ... be 30% of its global vehicle sales by 2030. Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy through the fiscal year ...

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S ... in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment ...

Honda reduces investment in electrification strategy due to market uncertainty and shifts focus to hybrids production.