Kristian Aquilina says no traditional automaker is close to the government’s sales threshold and the targets are unattainable ...

Interest in EVs enters another low period after a rush in demand early in the pandemic, and all the usual suspects are again ...

A big part of this plan is next-generation ADAS (advanced driver-assist systems), which the company is developing in-house.

Honda reveals plans for an incremental reduction in EV investment over the next few years, favoring a heavier mix of hybrid models. The automaker cites "a slowdown in the expansion of the EV ...

(Reuters) Honda Motor Company has significantly trimmed its electric vehicle (EV) investment plans, shifting focus toward hybrid models amid a global slowdown in EV demand. The company now expects ...

The company said global demand is projected to grow from 50 million to 60 million units by 2030, particularly in the Global South, including India, and Honda plans to ... decision to postpone the ...

The proposed investment reduction is based on its decision to postpone the project to establish a comprehensive EV value chain in ... towards 2030, Honda plans to improve profitability with ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

Honda Motor plans to reduce its investment in ... Last week, Honda said it would postpone by about two years an $11 billion EV manufacturing project in Canada, citing weaker-than-expected EV ...

Earlier this month, Honda postponed its much-publicized C$15 billion ($10.7 billion) plan to establish an EV production base in Ontario, Canada. The delay, projected to last two years, is attributed ...

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.