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Honda reduces investment in electrification strategy due to market uncertainty and shifts focus to hybrids production.
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...
Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.
Like a person rebounding after a relationship ends, Honda is ready to move on and travel a different path following its failed merger with Nissan.
Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.
Nissan initiative raises concerns over job cuts and factory closures in South Africa, but also brings new investment ...
Nissan, a Japanese automaker is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the ...
Maserati ’s Stoffel Vandoorne and Nissan ’s Oliver Rowland emerged as the big winners as the Tokyo E-Prix served up two very ...
The first Nissan EV with solid state battery technology is scheduled to hit the road in 2028 as the company rolls out an innovative new EV and hybrid powertrain strategy.
On deck for more than 20 years, Nissan CEO Ivan Espinosa knows the ins and outs of the flailing automaker. He also has the ...