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Honda CEO Is All About Hybrids Now That EV Adoption Is ‘Pushed Back 5-6 Years’
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure now sits at around 700,000 to 750,000 units. According to Automotive News, hybrid sales could instead skyrocket to over 2 million during the same time frame.
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed ...
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains ...
The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
For the past 20 years, those who use cars for transportation have begun to consider another option for their everyday lives: ...
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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