The strategy rethink will see Honda cancel the development and launch of three EV models it had planned for North America, ...

The Japanese automaker said the change of plans will cost it up to $15.7 billion.

Honda says it will book $15.7 billion in EV losses while reassessing its strategy, and several upcoming North American ...

This move away from EVs is a huge strategy shift—one that could cost the company 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.

Honda has announced it is canceling three electric vehicles it was months from starting production on at its EV Hub in Ohio. The Honda 0 SUV, the Honda 0 sedan and the Acura RSX are all being wound ...

The Japanese giant becomes the latest traditional carmaker to suffer from their EV strategy; Executive officer decided to ...

Honda announced a major shift in its future plans today with the cancellation of its U.S.-built 0 Series Saloon and SUV and Acura RSX (Acura is Honda's premium brand) before they were set to go on ...

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.