Two of the three electric SUVs were to roll out of Honda's plant in Ohio this year with the third arriving in 2027. Now it's ...
Honda has announced it is canceling three electric vehicles it was months from starting production on at its EV Hub in Ohio.
Honda says it will book $15.7 billion in EV losses while reassessing its strategy, and several upcoming North American ...
The Japanese automaker said the change of plans will cost it up to $15.7 billion.
The company says shifting U.S. policies and rising competition from Chinese EV makers forced it to scrap three upcoming EV models.
This move away from EVs is a huge strategy shift—one that could cost the company up to $15.7 billion.
Only now, they won’t. Earlier today, Honda announced that it’s facing heavy losses for the financial year: between $5.1 billion and $7 billion (820 billion–1.12 trillion yen). To help stanch the flow, ...
Honda is cancelling its Zero Series SUV and Saloon, as well as the Acura RSX EVs, citing an “extremely challenging earnings ...
Citing a slowing EV market in the U.S., and the inability to keep up with China, Honda cancels its flagship self-developed EVs.
Honda is undertaking what Macquarie describes as a full-scale “strategic reset” of its electric-vehicle ambitions, triggering a significant earnings downgrade.