Source link : https://tech365.info/honda-late-to-the-ev-get-together-placing-in-half-hearted-efforts-now-upset-with-outcomes-cleantechnica/
Honda has been one of many largest laggards within the auto business relating to full car electrification. It took ceaselessly to deliver a long-range electrical car to market, after which outsourced it — the Honda Prologue can be a GM car beneath. Honda executives have made numerous destructive feedback about electrical automobiles, and the corporate’s efforts to show its loyal prospects into EV followers and consumers have been almost nonexistent.
Now, the corporate has reported a really poor quarter when it comes to gross sales and funds, and it’s blaming this on EVs whereas reconsidering whether or not it desires to keep up its earlier electrification plans. The place’s the facepalm emoji whenever you want it? Honda is nearly final to the EV get together, has barely put any effort into electrification, and is already fascinated about going backward. (How did this model get so huge and widespread?)
“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,” Autoblog writes.
“Within the first quarter of its 2025-2026 fiscal 12 months (April 1 to June 30, 2025), Honda took a one-time cost of ¥113.4 billion (~$780 million) associated to its EV-related troubles. In whole, the impression of the EV cost and its publicity to tariffs took a toll on Honda’s working revenue in the course of the quarter, as…
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Author : tech365
Publish date : 2025-08-10 07:56:00
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