Honda has just posted its first annual loss since 1957 as a listed company, due to the hit it took in order to restructure its EV business. Its operating loss totaled JPY 414.3 billion (approximately €2.22 billion), for its fiscal year which ended in March, compared to a profit of JPY 1.2 trillion (€6.40 billion) the previous year. Honda’s EV-related… Read more…