Honda Retreats To Hybrids After Failed EV Bet Triggers Record . . . An anonymous reader quotes a report from Electrek: Honda is waving the white flag The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to its biggest loss in company history Honda admitted it was "unable to deliv
Honda retreats to hybrids after failed EV bet triggers $9 . . . Honda is waving the white flag The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to its biggest loss in company history Honda turns to hybrids after EV pullback
Verity - Honda Posts First Loss Since 1957 in EV Retreat The Facts Honda Motor reported a net loss of approximately ¥423 9 billion ($2 7 billion) for the fiscal year ending March 31— its first annual loss since listing on the Tokyo Stock Exchange in 1957, driven by more than $9 billion in restructuring charges tied to a retreat from its EV strategy