Honda says it will book $15.7 billion in EV losses while reassessing its strategy, and several upcoming North American ...

The two companies broke ground on the massive facility in 2023 with plans to start building electric vehicles this year. That ...

Honda has announced that it is cancelling the development and market launch of its 0 Series electric vehicle models, the 0 ...

After canceling plans to launch three new EVs in the US this year, Honda said the Prologue will remain in its lineup, at ...

Since the late 1970s, Honda has built out its production and research facilities here. Local officials optimistic that will ...

Honda joins other automakers pulling back costly EV plans as weakening demand and policy shifts reshape the US electric vehicle market ...

Honda Prologue production will end in December, scrapping plans for a successor as it pivots back toward hybrid vehicles amid ...

In a Form 6-K filed on March 12, Honda said its board had decided to cancel the market launches and development of certain EV ...

Honda has cancelled three US EV model launches – the Honda 0 Saloon, Honda 0 SUV and Acura RSX – and said it expected expenses and losses totalling $15.7 billion, reports the Nikkei. $8.1 billion of ...

Just months ago, Honda was promoting its futuristic “0 Series” electric vehicles as the centerpiece of the firm’s next-generation strategy. It just canceled them.

Honda's $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; ...

Honda abandons plans for three new EV models, partly due to changes in the US and its inability to compete with Chinese EV ...