Honda CEO Toshihiro Mibe is adjusting his company’s course after recent events drastically altered the global outlook for combustion and electric vehicles. During the company’s annual business briefing,

At the company’s annual business briefing in Tokyo on May 20, Honda CEO Toshihiro Mibe revealed plans to erase nearly 30% of its original multi-trillion-Yen investments, dialing down its EV and software research and development budget from ten trillion yen (~$68.97 billion) to seven trillion yen (~$48.28 billion).

Honda is rethinking its playbook when it comes to electric vehicles and the software that powers them.Honda says the market for EVs isn't quite what was initially projected; instead, the automaker plans on bringing even more hybrid models to market—I am Soichiro's complete lack of surprise.

Honda’s two-motor e:HEV hybrid system will also see improvements, offering enhanced efficiency and better packaging. A new all-wheel-drive (AWD) unit will further elevate performance. The next-generation hybrid system will be 30% cheaper to produce than the current version, making it a more cost-effective option for the company.

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to make ...

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

The new RAV4 looks to be a compelling contender in a competitive segment, but can it keep its best-seller status? Here's how it stacks up against the CR-V and Forester.

Honda aims to lead the global electric two-wheeler market with India at the core of its strategy. A new EV plant in Karnataka, set to begin operations by 2028, will drive modular production, reduce costs,