The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

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

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

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...

Originally aiming for EVs to comprise 30 per cent of its global vehicle sales by 2030, Honda has now abandoned that target.

Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

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 ...

Japan’s auto biggie Honda HMC is pulling back on its electric vehicle (EV) plans as global demand cools. Instead, the company ...

Honda has become the latest global automaker to revise its electrification plans by announcing it will reduce its investments ...

Facing a fast-changing global auto industry, Honda is steering its future in a bold new direction. Recently, Toshihiro Mibe, ...

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 around two years.