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Honda Puts EVs in the Rearview: Can Hybrids Power the Next Chapter?
HMCHonda Motor(HMC) ZACKS·2025-05-21 13:50

Japan’s auto biggie Honda (HMC) is pulling back on its electric vehicle (EV) plans as global demand cools. Instead, the company is betting big on hybrid cars, aiming to launch 13 new hybrid models globally between 2027 and 2030, including a new hybrid system for large-size vehicles set to debut in the second half of the decade.  Honda currently sells over a dozen hybrids worldwide, though only three models—the Civic, Accord and CR-V—are available in the United States.HMC is cutting its EV and software inves ...