Honda's Costly EV Fiasco Drives First-Ever Annual Loss
5 sources|Diversity: 96%|
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Center(2)
BBC NewsAMay 14, 1:25 PM
Honda makes its first annual loss in 70 years
The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.
ReutersAMay 14, 7:37 AM
Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals - Reuters
Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals Reuters
Right(2)
BreitbartDMay 14, 9:48 AM
Honda's Costly EV Fiasco Drives First-Ever Annual Loss
Honda announced a 423.9 billion yen ($2.7 billion) loss Thursday in a first-ever negative result for the fabled Japanese automaker, reportedly driven by heavy costs for its electric-vehicle plans unde
Just the NewsCMay 14, 12:00 AM
Honda posts first losses in 70 years following its costly bet on electric vehicles
The automaker reported a net loss of $2.7 billion for the fiscal year ended March 31.
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