Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the long-term shift toward electrification remained unchanged, just pushed back in time.

Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by aroun

In a notable pivot, Honda Motor has announced it is pulling back on its electric vehicle (EV) investments, redirecting focus toward hybrid models amid a cooli

Japanese carmaker Honda Motor announced on Tuesday that it is realigning its automobile strategy, lowering its planned electric vehicle (EV) sales targets and reducing investment in EV development in response to a recent market slowdown.

Honda will shift its focus to gasoline-electric hybrid vehicles, including a next-generation technology debuting in 2027.