Honda CANCELS new EV – reveals INSANE car strategy for 2030

Honda CANCELS new EV – reveals INSANE car strategy for 2030

Honda CANCELS new EV – reveals INSANE car strategy for 2030

Honda has cancelled plans for a new large EV SUV initially set for a 2027 release, cutting its EV investment from $69 billion to $48 billion through 2030. Instead, it’s pivoting toward hybrid powertrains, launching 13 new HEVs starting in 2027 and targeting 2.2 million hybrid sales by 2030. Honda will still release its flagship electric sedan and midsize SUV next year and remains on track for 100% zero-emission sales by 2040, but now expects EVs to account for less than 30% of its lineup by 2030.

Credit to : The Electric Viking

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