TOKYO -- Honda Motor has halted the development of a large electric SUV, a major part of its EV strategy, as demand for electric vehicles in the U.S. is expected to continue to fall, Nikkei has learned.
Electric vehicles
Honda scraps EV SUV development due to decreased US demand
Japanese automaker to redirect investments to profitable hybrid vehicles
Honda is reducing the number of EV models under development. (Photo by Mayumi Tsumita)
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