• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Honda scraps future electric plans and faces $15.7 billion loss

ArenaEV
The road to an all-electric future hit a massive pothole for one of the world’s most famous carmakers. Honda announced a major change in its business strategy – the company decided to cancel three highly anticipated electric cars that were supposed to lead its charge into the North American market. This sudden U-turn comes at a very high price as… Read more…

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