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Honda scraps EV SUV development due to decreased US demand
asia.nikkei.com/Business/Automobiles/Electric-vehicles/Honda-scraps-EV-SUV-development-due-to-decreased-US-demand
TOKYO -- Honda has halted the development of a large electric SUV, a major part of its EV strategy, as demand for electric vehicles in the U.S. is expected to continue to decrease.
Instead, the company aims to curb investments in EVs and redirect efforts towards increasing production of…
This story appeared on asia.nikkei.com, 2025-07-05 00:00:00.