Honda Retreats To Hybrids After Failed EV Bet Triggers Record $9 Billion Loss
An anonymous reader quotes a report from Electrek: Honda is waving the white flag. The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to its biggest loss in company history. Honda admitted it was “unable to deliver products that offer … ⌘ Read more