Honda is slashing its planned investment in EVs by 30% ... "Based on the current market slowdown, we expect EV sales in 2030 to fall below the 30% that we previously targeted," said Honda CEO ...

(RTTNews) - Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile ...

Honda Motor Co. scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains lackluster and environmental regulations are weakened in major markets ...