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The automaker has reportedly canceled plans for a large electric SUV. It was supposed to launch in 2027, but according to a new report from Nikkei Asia, Honda has halted development on the model and ...
Honda is the latest automaker to dial back its plans. Instead of building a large electric SUV, it’s slashing $20 billion from the EV development budget to focus on hybrid vehicles instead.
Several factors resulted in the Kia EV9 rival being canned. Honda’s next generation of EVs won’t fall away completely, of course. While the large SUV meant for a 2027 release is gone, the ...
Honda is not the first automaker to abandon plans to launch an electric vehicle. Last year, Ford announced that it would no longer build the three-row electric SUV and would redirect resources to ...
TOKYO -- Honda Motor has halted the development of a large electric SUV, a major part of its EV strategy, as demand for ...
Honda’s larger electric SUV was due to be released around 2027, about the same time as Ford and Toyota’s three-row EV SUVs. The upcoming Honda 0 Series electric SUV and sedan are still set to ...
Honda Pulls Plug On Key Electric SUV For US Market The model was initially scheduled to debut in 2027, joining the midsize SUV and sedan that will arrive in 2026 by Thanos Pappas July 7, 2025 at 08:32 ...
The cut comes after Honda said earlier this month that it would pause its $10.7 billion plan to transform its factory in Ontario, Canada, into an EV-building hub that would support the one in Ohio ...
As a result, Honda plans to reduce its EV-related investment from $69 billion to $48 billion, while placing a heavier focus on hybrid models, which it collectively calls HEVs.
However, with a new EV platform, batteries, and motor, Honda’s new models look to be a significant upgrade. The new EV SUV will be one of seven new electric vehicles Honda plans to launch by 2030.