The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...

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

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...

Facing a fast-changing global auto industry, Honda is steering its future in a bold new direction. Recently, Toshihiro Mibe, ...

Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...

Honda has become the latest global automaker to revise its electrification plans by announcing it will reduce its investments ...

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

Honda Motor is shifting its strategic focus from electric vehicles (EVs) to hybrid vehicles in response to slowing demand for ...