Japanese automaker Honda is scaling back its once-ambitious electric vehicle investment and sales targets in light of changing emissions regulations and the unsteady international trade environment ...

Honda is tapping the brakes on one of its loftiest transitional production targets. The company confirmed it no longer ...

Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global uncertainty.

Honda is cutting its 2030 EV production target from 2 million to 1 million units, citing market realities. The new focus is on hybrid models, particularly in North America and Asia. EV development ...

The company has also paused its $10.7 billion Canadian EV factory conversion for two years, while still committing to a 2040 full electrification goal. Honda said it is abandoning its goal to have ...

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs ... expansion of the EV market due to several ...

He also noted that a previously targeted EV sales ratio ... over one percent of Honda's total sales of roughly 3.6 million units. Honda is still committed to its long-term goal of becoming carbon ...

May 20 (UPI) --The Honda ... of the EV market. Honda Global CEO Toshihiro Mibe gave remarks at a press conference in Tokyo where he stressed the company plans to achieve a goal to "achieve carbon ...