Honda Shifts Gears on EVs Following Massive Quarterly Loss
- Posted on August 7, 2025
- By Yahoo News
- 1 Views
Honda Shifts Gears on EVs Following Massive Quarterly Loss
Japanese automotive giant Honda is rethinking its strategy regarding electric vehicles as it absorbed red-ink losses stemming from their development and the impact of U.S. tariffs. In the first quarter of its 2025-2026 fiscal year (April 1 to June 30, 2025), Honda took a one-time charge of ¥113.4 ...
