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Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...
Honda Motor (NYSE:HMC) is scaling back its electric vehicle (EV) ambitions, cutting planned investment by 30% to 7 trillion ...
Honda will shift its focus to gasoline-electric hybrid vehicles, including a next-generation technology debuting in 2027.
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
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 ...
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...
The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 ...
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