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's $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; ...
The strategy rethink will see Honda cancel the development and launch of three EV models it had planned for North America, ...
The company says shifting U.S. policies and rising competition from Chinese EV makers forced it to scrap three upcoming EV models.
Afeela, an EV brand created by Honda and the electronics company Sony, will compete against Tesla and Lucid in California.
What just happened? Honda has pulled the plug on three EVs – the Honda 0 SUV, Honda 0 Saloon, and Acura RSX – just months before they were set to enter production in the US. The company said the ...
By Daniel Leussink TOKYO, March 12 (Reuters) - Honda warned on Thursday that it would tumble to a full-year loss, hit by ...
Honda joins a list of legacy automakers announcing billions in EV losses, including Ford, GM, and Volkswagen.