Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs. The second-largest ...
Honda Motor Co. invested too much and too late into a short-lived electric vehicle boom, and now finds itself saddled with an aging line-up and questions about its future as an automaker. The Japanese ...
I get it; it’s not an easy time for a legacy automaker to be selling electric vehicles, what with incentives being gutted and Chinese automakers knocking at the door. But Honda is taking it to another ...
Honda has canceled the development of three electric vehicle models planned for production in Ohio. The decision is attributed to U.S. tariffs, decreased demand for EVs and general economic ...
Honda to lose as much as $15.7 billion this fiscal year. The write-down is latest in industry grappling with EV transition. In this article Honda will fall to its first annual loss in almost 70 years ...
TOKYO, March 13 (Reuters) - Honda's (7267.T), opens new tab $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; it also highlights ...
Honda's first big swing at the American electric vehicle market is reportedly heading for the scrapyard. And no, we're not talking about a recall. The Honda Prologue, the automaker's lone EV in the ...
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 ...
Three upcoming Honda electric vehicles have been shown the exit door before they ever even reached the streets, as the world learned in an announcement from the company Thursday. The dearly departed: ...
Honda has canceled three electric vehicles it was developing for the U.S. market, blaming President Donald Trump’s tariffs and rising competition from Chinese EV companies. Honda said on Thursday that ...
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