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The automaker has reportedly canceled plans for a large electric SUV. It was supposed to launch in 2027, but according to a new report from Nikkei Asia, Honda has halted development on the model and ...
Honda is the latest automaker to dial back its plans. Instead of building a large electric SUV, it’s slashing $20 billion from the EV development budget to focus on hybrid vehicles instead.
Honda is not the first automaker to abandon plans to launch an electric vehicle. Last year, Ford announced that it would no longer build the three-row electric SUV and would redirect resources to ...
Honda has plans to sell two all-electric SUVs in the U.S. for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models.
TOKYO -- Honda Motor has halted the development of a large electric SUV, a major part of its EV strategy, as demand for ...