Sony Honda Mobility Inc. disclosed the deficit in a report for the latest fiscal year through March, which was released on Monday. The prior annual loss was ¥20.5 billion.

Honda Scraps Electric SUV Plans, Many Carmakers Abandoned EV Plans Published: 8 Jul 2025, 04:35 UTC • By: Elena Luchian 11 photos ...

A report by the Asia Nikkei states that Honda suspended plans to introduce a big EV, as demand for sizeable electric cars has been weaker than expected. Honda It’s a tough call from a brand that ...

Honda is officially scrapping plans for a large electric SUV that was previously scheduled to arrive in 2027.The move comes as slowing EV demand, regulatory uncertainty, and high production costs ...

Several factors resulted in the Kia EV9 rival being canned. Honda’s next generation of EVs won’t fall away completely, of course. While the large SUV meant for a 2027 release is gone, the ...

Honda is one of the few Japanese automakers to gain some momentum in the US EV market, but scrapping plans for the bigger model could put it behind rivals like Hyundai and Kia. Through the first ...

Honda is reportedly reducing its initially planned EV investment from $68.7 billion to $48.1 billion. The difference will go toward the development of new and improved hybrids, which have seen a ...

The Sorer EV is expected to be one of seven new electric vehicles under Honda’s new 0 series lineup. Honda plans to launch seven new EVs, including a new SUV and sedan, by 2030.