Tag

Ohio Ev Hub

All articles tagged with #ohio ev hub

business1 month ago•5 min saved

Honda exits its only US EV as it pivots to hybrids

Honda confirmed it will discontinue the Prologue after the 2026 model year, leaving the US with no all‑electric Honda offerings as it pivots to hybrids. The Prologue, built on GM's Ultium platform, briefly ranked among top EV sellers but has declined, and Honda previously scrapped plans for next‑gen EVs (0 Series, a sedan, and the Acura RSX). The Ohio EV hub will instead produce hybrids and gas vehicles; current Prologue owners will continue to receive service, parts, and warranty. Honda projects EV‑related costs around ¥2.5 trillion ($15.7B) with EV losses of about ¥1.45 trillion ($9.2B).

via Electrek|

#business #ev-discontinuation #gm-ultium

transportation6 months ago•20 min saved

Honda cancels three in-house EVs, pivots to hybrids

Honda says it is canceling three near-production EVs—the Honda 0 SUV, the Honda 0 sedan, and the Acura RSX—built on its own Zero platform at the Ohio EV Hub, and will redirect resources to next-generation hybrids, launching EVs only when demand justifies it. The company cites slower US EV demand amid changes to federal tax credits and tariffs, plus stiffer competition in China and shorter production cycles elsewhere. A May strategy update is planned, with expansion in India on the horizon. The restructuring could cost up to 2.5 trillion yen, and top executives will take pay cuts as Honda refocuses its EV efforts.

via Engadget|

#evs #honda #hybrids