Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown. Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift ...

Mibe explained that due to the changes to its previous plan, Honda's global EV sales ratio in 2030 is expected to fall below its former target of 30%. However, due to a reportedly high demand for ...

Honda Motor Co. has scaled back its investment plans and lowered sales targets for electric vehicles due to lackluster consumer demand and weakened environmental regulations in major markets ...

Honda Motor plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows. The Japanese automaker said Tuesday that it will invest 7 ...

Japan's Honda scales back EV investments, shifts focus to hybrid vehicles May 20, 2025 2:32 AM ET Honda Motor Co., Ltd. (HMC) Stock By: Arundhati Sarkar, SA News Editor 6 Comments Play (1min) ...

Toyota and Honda expect lower Q1 profits as U.S. tariffs and a strong yen offset hybrid demand and export growth.Ask ChatGPT ...

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada ...

Honda’s Indiana factory employs roughly 2,700 people and currently handles production of the Civic hatchback and CR-V. It also plans to shift production of the Accord from a site in Marysville ...