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Hybrid Models

All articles tagged with #hybrid models

Honda overhauls EV plan, warns of multitrillion-yen losses and pivots to hybrids
business1 month ago

Honda overhauls EV plan, warns of multitrillion-yen losses and pivots to hybrids

Honda cancelled three planned US EV models as part of a reassessment of its electrification strategy, revising its FY2026 forecast to show large losses from asset impairments and equity-method investments, with total potential losses up to 2.5 trillion yen. The company will shift focus to hybrids, restructure costs, and plans to unveil a mid-term automobile strategy in May, while dividends remain unchanged under its DOE framework.

Honda Reveals Advanced Hybrid Technologies for Future Models
technology5 months ago

Honda Reveals Advanced Hybrid Technologies for Future Models

Honda revealed its upcoming next-generation hybrid and electric vehicle technologies at the 2025 Honda Automotive Technology Workshop, including new platforms for hybrid and EV models, advanced hybrid systems for large-size vehicles, and a compact EV based on the Super-ONE Prototype, all aimed at enhancing driving joy, safety, and environmental sustainability by the late 2020s.

"Unbeatable Deals: Massive Discounts on Electric Cars for Budget-conscious Consumers"
automotive2 years ago

"Unbeatable Deals: Massive Discounts on Electric Cars for Budget-conscious Consumers"

Automakers and car dealers are offering significant discounts on electric vehicles (EVs), particularly luxury models, due to growing competition and consumer preference for hybrid models. Tesla, facing increased competition, has aggressively cut prices to maintain market share. The average price paid for a non-Tesla EV in the US went for about $2,000 under sticker price, a much deeper discount than the industry average. EV buyers are now getting more value for their money, with discounts ranging from $2,200 to over $7,200 on models like the Volkswagen ID.4 and Audi E-Tron GT. These discounts do not include government tax incentives, which can further reduce the cost of EVs.