Instead of the initial plan to invest 10 trillion yen ($69 billion) in an electrification strategy through the fiscal year ending in 2031, Honda is reducing ... the long-term shift toward ...

Honda is revising its near-term strategy to focus on hybrid vehicles, responding to shifting market demands and production considerations. While the ...

Honda cuts electrification ... with the added flexibility to shift between different factories. This will be paired with a “resilient supply chain strategy” designed to make adjustments ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the long-term shift toward electrification remained unchanged, just pushed ...