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

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...

Honda cuts electrification investment from ¥10 trillion ($69 billion) to ¥7 trillion ($48 billion). The focus shifts to ...

Volkswagen faces headwinds from U.S. tariffs, China market pressure, and lower margins on electric vehicles. Read how all ...

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

S.D., said that the Senate will begin to consider three House-passed resolutions that would roll back the standards. Final ...

Honda said Tuesday that electric vehicle sales were slowing in the U.S., prompting the automaker to scrap its previous goal ...

Honda Motor plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

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