Honda warns of $16bn hit on its pivot away from EVs (www.dw.com)

submitted 2 days ago by schizoidman@lemmy.zip to c/electricvehicles@slrpnk.net

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Japan's Honda expects to book extra costs of almost $16 billion as it recalibrates its electric vehicle strategy. It blamed US policy changes and tariffs in part, as well as reduced competitiveness in Asia.

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[-] captain_aggravated@sh.itjust.works 2 points 1 day ago

2.5 years from now doesn't exist for businesses, it's THIS quarter or nothing.

this post was submitted on 12 Mar 2026

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