跨国车企，集体撤回电动化

Core Viewpoint - Honda has reported its first annual loss in nearly 70 years, forecasting an operating loss of 270 to 570 billion yen and a net loss of 420 to 690 billion yen for the fiscal year 2026, marking a significant downward revision from previous profit expectations of 5.5 billion yen and 3 billion yen respectively [3][4]. Group 1: Financial Performance - Honda's annual loss is attributed to setbacks in its electrification strategy, with total costs and losses from the reevaluation of this strategy expected to reach up to 2.5 trillion yen [3][6]. - The company plans to write down tangible and intangible assets related to the canceled electric vehicle models, leading to significant impairment losses [5][6]. - Honda anticipates recording operating expenses of 820 to 1,120 billion yen and investment losses of 110 to 150 billion yen in its consolidated financial statements for the fiscal year 2025 [6]. Group 2: Strategic Adjustments - To improve performance, Honda is restructuring its strategic framework, shifting focus towards hybrid models and planning to launch 13 new hybrid models globally between 2027 and 2030 [7]. - The company has adjusted its expectations for the share of pure electric vehicles in its sales by 2030, now predicting it will be below the previously set target of 30% [7]. Group 3: Industry Trends - More than ten multinational automakers, including Ford, General Motors, and Porsche, have either withdrawn or slowed down their electrification plans, collectively incurring losses of approximately 500 billion yuan due to these strategic shifts [9][10]. - The global electric vehicle market is projected to see a slowdown in growth, with sales expected to reach 23.9 million units in 2026, a growth rate of 15.7%, while regions like North America are anticipated to experience significant declines [3][8]. - The European Union has revised its regulations on electric vehicle sales, allowing for a mix of traditional and zero-emission vehicles, reflecting the current low demand for electric vehicles [10][11].