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Honda is tapping the brakes on one of its loftiest transitional production targets. The company confirmed it no longer ...
At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of ...
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...
Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...
Honda has a goal of only selling electrified vehicles by 2040. Mibe kept that unchanged for now, explaining away the current stagnation in EV sales as a “short-term headwind.” ...
Honda says that its Marysville Auto Plant, East Liberty Auto Plant, and Anna Engine Plant are all under retooling right now, with the eventual goal of being ... and Honda EV Hub lead, said in ...
Honda is busy preparing its factories in Marysville and East Liberty, Ohio, for EV production as part of its Ohio-based Honda EV Hub. But the factories won't be restricted to building EVs and will ...
Several months later, Honda teamed up with Nissan with similar goals in mind. And Nissan is already part of a decadesold global alliance with Mitsubishi that also includes Renault. Honda was ...