Honda Cancels 3 Electric Cars | EV Industry Reality | Is Hybrid the Future?
Honda has cancelled multiple upcoming electric vehicles including the Honda 0 Series SUV, Honda 0 Series Saloon and Acura RSX EV, after rethinking its EV strategy. Reports from Reuters, Hindustan Times Auto and Car and Driver reveal that Honda could face a financial impact of up to ¥690 billion (₹38,000 crore).
But the real question is —
Is the EV market slowing down globally?
Many automakers like Ford, GM and Stellantis are also cutting back EV investments due to:
⚡ Slow EV demand growth
⚡ Charging infrastructure challenges
⚡ Rising competition from Chinese EV brands
This is why Honda is now shifting focus towards hybrid cars instead of pure electric vehicles.
Is EV still the future? Or are hybrids more practical right now?
Watch till the end to understand the real reason behind Honda’s big decision.
Honda Cancels 3 Electric Cars | EV Industry Reality | Is Hybrid the Future?
#honda #hondacars #hybridcars
