Honda Retreats To Hybrids After Failed EV Bet Triggers Record $9 Billion Loss

Slashdot
By BeauHDMay 15, 2026, 11:00 am126 ptsTrending
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…

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