Honda to Cut EV Investment by 3 T. Yen
Tokyo, May 20 (Jiji Press)--Honda Motor Co. said Tuesday that it will reduce the amount of investment that it plans to make in electric vehicle development through fiscal 2030 by 3 trillion yen to 7 trillion yen.
The Japanese automaker also will lower the ratio of EVs in its total vehicle sales for 2030 to some 20 pct from its current goal of 30 pct.
(2025/05/20-18:31)
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