Honda has lowered its EV investment plans substantially through 2030. Initially, this number was 10 trillion yen ($69 billion), but it is now sitting at 7 trillion yen, partially due to the large SUV ...

Honda is not the first automaker to abandon plans to launch an electric vehicle. Last year, Ford announced that it would no longer build the three-row electric SUV and would redirect resources to ...

Honda is officially scrapping plans for a large electric SUV that was previously scheduled to arrive in 2027.The move comes ...

Sorry, there’s bad news for electric vehicle fans. Honda is the latest automaker to dial back its plans. Instead of building a large electric SUV, it’s slashing $20 billion from the EV development ...

Honda scraps plans for a larger electric SUV. Although Honda’s first electric SUV, the Prologue, was one of the top-selling EVs in the US last year, the Japanese automaker is preparing for a ...

Shifts in economic policy and manufacturing have led major automakers to cancel upcoming electric vehicle launches in the US.

Electric vehicle adoption is slowing in the United States, and the federal tax incentives are set to disappear soon. That makes pouring billions of dollars into EV development even riskier for already ...

Honda has reportedly canceled plans for a large electric SUV originally set to launch in 2027, responding to weakening EV demand and the recent rollback ...

Although Honda has been testing the new EV in the UK, the Super EV Concept made its global debut at the Goodwood Festival of ...

Honda Ghosts Its Big Electric SUV: ... Last year, Ford also cancelled its plan to launch a large three-row electric SUV with a 350-mile range, which was supposed to arrive sometime this year.

Honda reveals plans for an incremental reduction in EV investment over the next few years, ... even though more electric models from Honda are on the way soon. ... alongside a 0 SUV.