Honda has lowered its EV investment plans substantially through 2030. Initially, this number was 10 trillion yen ($69 billion), but it is now sitting at 7 trillion yen, partially due to the large SUV ...

Sony Group (NYSE:SONY) and Honda Motor (NYSE:HMC) are pushing ahead with plans to release an electric vehicle in the U.S.

Electric vehicle adoption is slowing in the United States, and the federal tax incentives are set to disappear soon. That makes pouring billions of dollars into EV development even riskier for already ...

Honda is not the first automaker to abandon plans to launch an electric vehicle. Last year, Ford announced that it would no longer build the three-row electric SUV and would redirect resources to ...

Honda is officially scrapping plans for a large electric SUV that was previously scheduled to arrive in 2027.The move comes ...

Honda hasn't shown any bits of the Prologue all-electric SUV yet, but the company has already set a sales target for the model. The automaker expects to sell 70,000 units of the Prologue when it ...

Honda scraps plans for a larger electric SUV. Although Honda’s first electric SUV, the Prologue, was one of the top-selling EVs in the US last year, the Japanese automaker is preparing for a ...

Honda has plans to sell two all-electric SUVs in the U.S. for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models.

Honda has announced it will sell two electric SUVs in the US in the 2024 model year, and plans to introduce hybrid gas-electric versions of its best-selling models. It’s the second Japanese ...

These new vehicles are just 10% of the 30 EVs Honda plans to sell worldwide by 2030. Apart from the electric pickup truck, the sports cars will not help much in achieving 2 million EVs until then ...

The Japanese automaker plans to introduce 10 Honda-brand EV models in the next five years, but only in China. ... Honda unveils electric vehicles for China as part of new strategy.