One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in ...

Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...

Honda has announced to shift its focus towards hybrid vehicles, stating it as the bridge for electric vehicle shift.

0:35 Joly to speak with Honda after it postponed $15B EV investments in Ontario Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its ...

Honda scales back EV investment, focuses on hybrids due to shifting demand, aiming for 2.2-2.3 million hybrid sales by 2030.

It was only a year ago that then Prime Minister Justin Trudeau and Ontario Premier Doug Ford arrived at the Honda plant in Alliston for the announcement of a $15 ...

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years. In its ...

Earlier this month, Honda paused a C$15 billion ($10.7 billion) EV project in Ontario, Canada, citing declining demand. Despite the slowdown, Honda still targets all new vehicle sales to be either ...

Even as it’s realigning and reducing its global electric vehicle (EV) targets and investments, Honda Motor is all set to move ...

Honda Motor Co. is reducing its investment in EVs, citing weakening demand, and will instead ramp up efforts in the hybrid ...

Earlier this month, Honda announced a two-year delay on a C$15bn ($10.7bn) plan to establish an EV production base in Ontario, Canada, due to the reduced demand for electric cars. Despite these ...

(Credit: Kyodo News via Associated Press) Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle ...