Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...

Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...

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

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to ...

(CNN)– Honda is pumping the brakes on its electric vehicle production. The automaker says it will cut investments into EV’s by around $20 billion over the next few years. Honda is now reviewing the ...

Honda said it will focus on its next-generation Hybrid EVs to be introduced into market from 2027 onward, after dropping ...