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.