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Key FactsHonda trims EV plans to prioritize profitable growth
Aug 13, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: fr.de
Summary created with AI assistance · Source: fr.de
- Honda has already canceled planned electric cars for North America but remains committed to electrification in principle and intends to align its pace and scope more closely with demand.
- For the current fiscal year, Honda expects another 520 billion yen, about 3 billion euros, in charges linked to its revised electrification strategy, with known risks to be dealt with on the balance sheet by the end of March 2027.
- According to Honda Chief Financial Officer Masao Kawaguchi, Honda is discussing the joint development and standardization of hardware and software with Nissan, along with possible cooperation on batteries, production systems and manufacturing capacity, but no merger is planned.
- In Europe, Honda is relying on a smaller range with the Super-N as its only EV, a kei-class model initially limited to the United Kingdom, while sales including Turkey are projected by De Jaeger to reach about 100,000 vehicles within two to three years.
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