Honda has announced it is canceling three electric vehicles it was months from starting production on at its EV Hub in Ohio.

The Japanese automaker expects to swing to its first annual loss in decades a result of the re-evaluation.

Those models include the Honda 0 Series SUV and sedan (Saloon), and the Acura RSX. All three were scheduled to be built on ...

Honda Motor Co. warned it may post a historic ¥690 billion net loss as it books up to ¥2.5 trillion in EV-related charges, ...

The company says shifting U.S. policies and rising competition from Chinese EV makers forced it to scrap three upcoming EV models.

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

Honda cars has cancelled it's electric cars which were due for launch in the the US and India. In a surprising move, the Japanese carmaker has cancelled not but three upcoming EVs including the 0 ...

Honda joins a list of legacy automakers announcing billions in EV losses, including Ford, GM, and Volkswagen.

Honda is cancelling its Zero Series SUV and Saloon, as well as the Acura RSX EVs, citing an “extremely challenging earnings ...

Honda is now reassessing its electric vehicle strategy in the global market, joining automakers like Stellantis and Ford Motor Company.

Citing a slowing EV market in the U.S., and the inability to keep up with China, Honda cancels its flagship self-developed EVs.

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