Honda Motorcycle and Scooter India is set to relook its electric two-wheeler strategy, citing stagnation in the Indian market. While global EV ambitions remain high, Honda believes the local adoption ...

The briefing was subjected to the overall goals of the brand towards restructuring its EV plans and execution process. Honda Motor Co., Ltd. Director, President and Representative Executive ...

In addition to its EV adjustments, Honda is pursuing improvements in hybrid technologies. (Reuters) Honda Motor Company has significantly trimmed its electric vehicle (EV) investment plans ...

Honda Motor is revising its electric vehicle strategy due to slowing global demand, shifting its focus more towards hybrids, the company said on Tuesday. While its earlier goal was for EVs to make ...

Previously, Honda had a target of 30% by the end of the decade, and it now expects to sell just 700,000 EVs among reduced sales goals of 3.75 million cars in 2030. “If the EV penetration period ...

Honda Prologue. Honda “If the EV penetration period is pushed back a little, I feel that it will be pushed back by about five years, especially in North America,” Mibe added. “The Trump ...

Jan Woitas/zb/dpa Japanese carmaker Honda Motor announced on Tuesday that it is realigning its automobile strategy, lowering its planned electric vehicle (EV) sales targets and reducing investment ...

(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ... with the goal of covering Wall ...

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.

The company has also paused its $10.7 billion Canadian EV factory conversion for two years, while still committing to a 2040 full electrification goal. Honda said it is abandoning its goal to have ...

TORONTO - Honda has postponed a $15-billion electric ... by far the biggest project delay yet in Canada as the outlook for EV growth softens.

A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply ...