Dossier
carbon-neutrality goals
Coverage of carbon-neutrality goals in the Nexus archive.
- Honda shifts gears, prioritizing hybrids over rapid EV expansion
Honda is scaling back its rapid electric vehicle (EV) expansion plans, shifting focus to hybrid vehicles due to slower EV demand, changing policies, rising costs, and competition from Chinese EV makers. The company has canceled several EV models in North America, taken write-downs, and now prioritizes hybrids as a core strategy while continuing slower EV development.