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Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March ...
(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile ...
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Honda Cuts EV Investments, Pivots To HybridsThis was Honda's initial EV plan. Its future is ... Honda did not say how the investment scale-back would affect its plans in the United States. The cut comes after Honda said earlier this month ...
May 20 (UPI) --The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV ...
Honda Motor 7267-0.11%decrease; red down 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 Motor Co. said Tuesday it will cut its investment plan for electric vehicle technology through fiscal 2030 to around 7 trillion ...
Both cars will be assembled at Honda’s Ohio-based EV hub starting ... Honda did not say how the investment scale-back would affect its plans in the United States. The cut comes after Honda ...
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 reveals plans for an incremental reduction in EV investment over the next few years, favoring a heavier mix of hybrid models. The automaker cites "a slowdown in the expansion of the EV ...
Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March 2031 from its original plan. The Japanese automaker said Tuesday that it ...
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