CATL, the world’s largest maker of electric-vehicle batteries, is expanding production, while Honda is cutting spending plans. Oddly, both stocks are up.

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

On Tuesday, the Japanese carmaker said it will focus on hybrid cars, and will launch 13 models between 2027 and 2031 as easier environmental regulations and global trade uncertainties have slowed the adoption of electric cars in the developed countries.

Okay, there might not be legions of fans holding their breath here, but the '26 model year sees the introduction of the CR-V family's first-ever off-road-focused model, the CR-V Hybrid TrailSport. And now we know how much that version,

The company is walking back some of its long-term electrification plans, cutting 3 trillion yen (about $20.8 billion) from its investment in electric cars over the next six years. Instead, it’s shifting focus to hybrids,

The Honda Rebel 500 will be sold at a starting price of Rs 5.12 lakh (ex-showroom) and comes with a 471 cc parallel-twin engine.