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Honda Hits The Brakes On EV Push, Bets Big On Hybrid Revival: Report
benzinga.com/news/25/05/45516662/honda-hits-the-brakes-on-ev-push-bets-big-on-hybrid-revival-report
Honda Motor Co. (NYSE:HMC) reportedly announced Tuesday that it will cut investment in electric vehicles amid weakening demand and instead prioritize hybrids, which are gaining popularity with consumers.
CEO Toshihiro Mibe said EVs are expected to account for about 20% of sales by the…
This story appeared on benzinga.com, 2025-05-20 12:49:23.