Honda EV Investment Pullback

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Honda, EV

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.

EconoTimes · 4d

Honda Cuts EV Investment, Shifts Focus to Hybrids Amid Weak Demand

Honda Motor (NYSE:HMC) is scaling back its electric vehicle (EV) ambitions, cutting planned investment by 30% to 7 trillion yen ($48.4 billion) through fiscal 2030, citing weaker-than-expected demand.

UPI · 4d

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

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 ...

Inside EVs4d

Honda Cuts EV Investments, Pivots To Hybrids

Honda is slashing its planned investment in EVs by 30% ... "Based on the current market slowdown, we expect EV sales in 2030 to fall below the 30% that we previously targeted," said Honda CEO ...

Nasdaq4d

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

(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 ...

4don MSN

In Latest EV Pullback, Ford to Share Battery Plant With Nissan

Ford Motor is pulling back more on its electric vehicle ambitions, by letting rival Nissan use part of its flagship U.S.

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Honda, EV

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