Honda EV Investment Cutback

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Honda, EV

Honda to cut back on EV investment due to dissatisfaction in the market

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 market.

electrive.com · 2d

Honda to cut back on EV investment and focus on hybrids

Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing demand for hybrid vehicles with new

Autobody News · 3d

Honda Cuts EV Investment by 30%, Shifts Focus to Hybrids

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric of hydrogen fuel-cell models by 2040.

CBT News4h

Honda scales back EV goals, slashes investment amid slowing U.S. demand

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

Honda Hits The Brakes On EV Push, Bets Big On Hybrid Revival: Report

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

ABC News10d

Honda Canada postpones multibillion EV investment project in Ontario

Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility ...

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