Honda Wants to Become the Next Nissan: CANCELS $11B EV and battery plan
Honda has reportedly shelved its massive $11 billion EV and battery factory project in Canada, signaling a dramatic retreat from its aggressive electric vehicle ambitions as slowing North American EV demand and rising financial pressure force the company to pivot back toward hybrids. The move has sparked comparisons to Nissan, with critics warning Honda risks falling behind Chinese EV giants and Tesla in the rapidly evolving global EV race.
Credit to : The Electric Viking
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