Honda Motor(US:HMC) 3 6 Ke·2025-05-20 10:38Group 1 - Honda plans to reduce its investment in electric vehicles (EV) and software development from 10 trillion yen to 7 trillion yen by 2030, a decrease of 30% [2] - The company has adjusted its target for EV sales from over 2 million units to a range of 700,000 to 750,000 units, lowering the expected share of EVs in total vehicle sales from 40% to below 30% [2] - The construction of an EV and battery factory in Canada has been postponed by two years, with the investment of 150 billion Canadian dollars now expected to begin operations after 2030 [2] Group 2 - Global sales of hybrid vehicles (HV) are projected to more than double to 2.2 million units by 2030, with 13 new HV models set to launch globally over the next four years starting in 2027 [3] - The motorcycle business aims to increase its global market share from 40% to over 50% in the medium to long term, leveraging strong profitability from this segment to enhance overall profitability before the widespread adoption of EVs [3] - Honda's president stated that the transition to EVs has been slowed down, emphasizing the need to balance future readiness with current profitability in the automotive business [3]