Article
Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail
Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail
Authored by Rob Sabo via The Epoch Times (emphasis ours),
A reassessment of Honda Motor Co., Ltd., corporate electric vehicle (EV) strategy and planned cancellation of three EV models for the North American market could lead to losses totaling approximately $15.7 billion for its fiscal year ending March 31, the company said in a news release on March 12.
A Honda SUV e: Prototype electric vehicle is displayed during a media day for the Auto Shanghai show...
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