Honda to scale back its investment in electric vehicles, focus on hybrids

Why is Elon Musk cutting political spending? How will FDA limit Covid vaccine approvals? What impacts Trump’s tariffs on consumer prices? Why did Home Depot keep prices steady despite tariffs? How is China’s CATL IPO affecting battery markets? What’s behind the Senate stablecoin legislation advancement? Why is Honda scaling back EV investments? How is Moody’s US credit downgrade affecting markets? What led to 23andMe’s purchase by Regeneron?

Honda to scale back its investment in electric vehicles, focus on hybrids

theglobeandmail.com/business/international-business/article-honda-to-scale-back-its-investment-in-electric-vehicles-focus-on

Honda Motor HMC-N said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on hybrids, now far more in favour, with a slew of revamped models.
Japan’s second-biggest automaker after Toyota Motor also dropped a target for EV…

This story appeared on theglobeandmail.com, 2025-05-20 10:46:40.