Reading up on Honda
2 deep · digging since may 14
- How Honda’s Pledge to Go All-Electric Unraveled
Honda's aggressive push to sell only electric vehicles by 2040 backfired when demand slowed, leading to its first-ever annual loss and internal calls for CEO Toshihiro Mibe to resign.
- Honda Posts First-Ever Annual Loss After Pullback From E.V.s
Honda reported its first annual loss since 1957 after booking a multibillion-dollar charge from shrinking its electric-vehicle initiatives.