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At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...
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AutoGuide on MSNHonda Walks Back EV Strategy, Promises More Hybrids InsteadHonda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...
The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.
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 ...
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