Honda Shifts Gears on EVs Amid Flattening Demand and Tariff Concerns

Japanese automotive giant Honda is reassessing its strategy for electric vehicles as it navigates challenges stemming from the high costs of EV development, flattening EV demand, and the impact of U.S. tariffs. In the first quarter of its 2025-2026 fiscal year (April 1 to June 30, 2025), Honda took ...

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