Business

Honda's Loss in Electric Vehicle Market

Updated 2026-05-15 17:35 UTC 1 source Negative

Honda has announced its first annual loss in over 70 years, primarily due to a $9 billion loss in the electric vehicle market. The company is now focusing on hybrid vehicles as it seeks to recover.

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Ars Technica

Honda shows off new hybrids for America as it absorbs $9 billion EV loss

The automaker marked its first annual loss in more than 70 years.

2026-05-15 15:56 UTC