The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

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

There’s no doubt the EV market has cooled, which has caused Honda to walk back from its aggressive electrification plans.

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...

Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV ...

Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market ...

Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...

Honda also said it would halt planned expansion due to fluctuating EV demand and uncertainty over U.S. President Donald Trump ...