Honda retreats to hybrids after failed EV bet triggers record $9 billion loss [Images]
![Honda retreats to hybrids after failed EV bet triggers record $9 billion loss [Images]](/api/image-proxy?url=https%3A%2F%2Felectrek.co%2Fwp-content%2Fuploads%2Fsites%2F3%2F2026%2F05%2FHonda-EV-plans-hybrids.jpeg%3Fquality%3D82%26%23038%3Bstrip%3Dall%26%23038%3Bw%3D1400&w=1200&q=82)
Honda is waving the white flag. The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to its biggest loss in company history. more…
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