Citing massive losses and a cooling market, the Japanese auto giant is backing away from an all-electric future in a huge blow to the EV industry and a sign that the road to clean cars just got a lot bumpier.
Citing massive losses and a cooling market, the Japanese auto giant is backing away from an all-electric future in a huge blow to the EV industry and a sign that the road to clean cars just got a lot bumpier.
Honda has never fully bought into EVs. Since after the first-gen Insight they’ve been sitting on the side giving us half-baked hybrids and focusing on Hydrogen Fuel Cells. This is not a blow to the BEV market in any way.
It’s disappointing because Honda usually makes high quality vehicles. They could have led the charge on the electric future but are going to end up has-beens - unless they can make a HFC breakthrough that turns the whole industry on end.