Honda is officially scrapping plans for a large electric SUV that was previously scheduled to arrive in 2027.The move comes ...

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

This report comes on the heels of an earlier one where Honda said it would pause construction plans of the new EV-dedicated plant in Ontario for at least two years.

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.

(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile ...

Honda decided to focus on ICEs and hybrids rather than rolling out one more electric crossover that the market is not ready ...

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

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

Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown. Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.

TOKYO (Kyodo) -- Honda Motor Co. said Tuesday it will cut its investment plan for electric vehicle technology through fiscal 2030 to around 7 trillion yen ($48 billion) from the previous 10 ...