Honda reveals plans for an incremental reduction in EV investment over the next few years, favoring a heavier mix of hybrid models. The automaker cites "a slowdown in the expansion of the EV ...

brooks/Agence France-Presse/Getty Images Honda Motor plans to reduce its investment ... Last week, Honda said it would postpone by about two years an $11 billion EV manufacturing project in ...

The proposed investment reduction is based on its decision to postpone the project to establish a comprehensive EV value chain in ... towards 2030, Honda plans to improve profitability with ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

May 14 (Reuters) - Honda (7267.T), opens new tab has assured ... in the wake of the Japanese carmaker announcing it would put on hold a plan to build an EV supply chain in Canada.

A big part of this plan is next-generation ADAS (advanced driver-assist systems), which the company is developing in-house.

An $11-billion plan ... 2024, Honda announced it would establish battery-electric vehicle and fuel cell-electric vehicle assembly in Ontario by 2028, aiming for a capacity of 240,000 EVs per year. The ...

View post: How Honda and Other Japanese Redefined the American Car The massive project involved retooling an assembly plant for EV production ... Under the original plan, the plant was set ...

"The North Star is towards electrification," Champagne told reporters Wednesday when asked about concerns over Honda's decision this week to postpone ... plans to invest roughly $33 billion in EV ...

Honda Motor Co., Ltd. announced a significant realignment of its automobile business strategy, adapting to recent shifts in ...