Honda has announced that it will reduce its investments in electric cars due to declining demand and focus on the growing ...

River claims to have taken its first product from concept to market in 27 months after investing just $25 Mn in its ...

California New Car Dealers Association (CNCDA) has issued a cease and desist letter to the two companies to prevent them ...

Bucking the upward trend in EV sales, Honda says it will instead concentrate on hybrid vehicles, which naturally contribute ...

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was ...

Japanese automaker Honda is scaling back its once-ambitious electric vehicle investment and sales targets in light of ...

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new ...

Honda said despite the shift in strategy, it still aims for all of its global new-vehicle sales to come from battery-electric ...

Dow Jones Top Company Headlines at 3 PM ET: Google Takes Aim at AI Firms Challenging Its Search Dominance | Home ... The company is rolling out a feature that will answer search queries in a ...

CEO Toshihiro Mibe called it “a switch in the planned course,” stressing the long-term shift toward electrification remained ...

Honda has looked at rapidly growing global EV sales and decided it would rather make itself irrelevant by reducing investment in EVs.

Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...