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

Honda Motor 72670.78%increase; green up pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows. The Japanese ...

Honda scaled back investment plans and lowered ... a sizable drop from the ¥10 trillion it announced last year. "EV investment hasn’t been abandoned, just pushed back,” Mibe told reporters ...