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 Motor 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 fall, Nikkei has learned.
The Japanese automaker aims to curb investments in EVs, redirecting efforts toward…

This story appeared on asia.nikkei.com, 2025-07-07 13:08:47.798000.
The Entire Business World on a Single Page. Free to Use →