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Honda pulls the plug on large electric SUV as driver demand for battery powered cars plummets
Honda MotorHonda Motor(US:HMC) New York Postยท2025-07-09 17:28

The Japanese giant is preparing to roll out a new range of battery-powered models based on the Concept 0 SUV and sedan unveiled at the CES conference in Las Vegas this year. It was originally planned to follow the five-seat SUV and sedan with a seven-seat SUV, but it has reportedly pulled the plug on that project. A report by the Asia Nikkei states that Honda suspended plans to introduce a big EV, as demand for sizeable electric cars has been weaker than expected. President Trump's decision to axe a $7,500 ...