Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...

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

Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global ...

The automaker said it will likely miss its previous goal of having 30% of all car sales come from EVs in 2030.

Uncertainty in the business environment is increasing, due particularly to the slowdown in the expansion of the EV market ... he said. Honda’s auto plant in Marysville, Ohio, for instance ...

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

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant ...