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Honda scales back aggressive EV push, overhauling fundamental strategy
Company aims to rebound to net profit in FY26 despite massive EV-related losses
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apnews.com
Honda records its first-ever annual loss on a costly EV strategy
Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy.
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straitstimes.com
Honda books first annual loss, hit by $11.5 billion EV charge
The company still expects to return to profitability in 2026. Read more at straitstimes.com. Read more at straitstimes.com.
