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drive.com.au > news > honda-cancels-ev-plans-citing-decline-in-competitiveness-as-a-factor

Honda admits billion-dollar EV investment let its petrol cars fall behind

14+ hour, 36+ min ago  (659+ words) Chinese EVs, US tariffs, and sliding sales in Asia are to blame for Honda cancelling its upcoming 0 Series electric cars months before entering production. Honda has pulled the plug on three planned electric vehicles (EVs), copping around AU$22 billion in…...