HOME > BUSINESS > Article

Text Size

small

medium

large

(Update) Honda to Cut EV Investment by 3 T. Yen

(Update) Honda to Cut EV Investment by 3 T. Yen

Honda CEO Toshihiro Mibe speaks at a press conference in Tokyo on Tuesday.
Honda CEO Toshihiro Mibe speaks at a press conference in Tokyo on Tuesday.

   Tokyo, May 20 (Jiji Press)--Honda Motor Co. said Tuesday that it will reduce its electric vehicle investment through fiscal 2030 by 3 trillion yen to 7 trillion yen.
   The Japanese automaker also lowered the ratio of EVs it aims to sell in 2030 to some 20 pct of its total from the previous goal of 30 pct.

(2025/05/20-20:25)

To read a full story, please click here to find out how to subscribe.

BUSINESS

HEADLINES

more

POLITICS
Japan's Komeito to Fact-Check Social Media Posts by Using AI from June
ECONOMY
Nippon Steel to Invest 868.7 B. Yen in Electric Furnaces with Japan Govt Support
SPORTS
MLB Announces Partnership with AUSL Women's Professional Softball League in US
OTHER
Western Japan City of Izumisano Aims to Launch Baby Hatch System in FY 2026

AFP-JIJI PRESS NEWS JOURNAL

more

A bad wrap-- An angry Trump blasts the 'TACO Theory'
Remains of Mayan city nearly 3,000 years old unearthed in Guatemala
Brazil sues China's BYD over 'slavery' conditions on build site
After 2 months, 40 witnesses, Maradona trial scrapped
'Make America Healthy Again' report updated to remove nonexistent studies
Dua Lipa, public figures urge UK to end Israel arms sales

Photos

more

Page Top