"Honda Cancels Three EVs, Posts First Annual Loss"
"Honda Cancels Three EVs, Posts First Annual Loss"
<https://fordauthority.com/2026/03/ford-rival-honda-cancels-three-evs- posts-first-annual-loss/>
"Ford, along with most global automakers, have faced a reckoning with
their burgeoning EV programs, as tariffs make production costlier and the
end of the federal tax credits killed off demand for battery electric
cars. Stellantis posted a substantial $26 billion loss for 2025 and
intends to scale back its EV ambitions. Similarly, Nissan is far from a healthy company, with its CEO going so far as to not rule out selling the entire company. Following in their footsteps is Honda, which just
announced an end to its American EV program and a pivot to hybrids, in addition to a major financial loss.
The Honda 0 Saloon Concept at the 2025 CES Show.
Honda announced earlier today that it decided to cancel three North
American EVs - The Honda O SUV, O Sedan, and Acura RSX. The company cited
a presumed lack of demand and long term inability of the vehicles to
generate profit as the reasons for their cancellation. All three had been
in development but were planned to enter production at the automaker's Marysville, Ohio assembly plant. As a result, the automaker says it will
post upwards of $16 billion in losses, including about $7 billion for the current fiscal year, which will represent the company's first-ever loss
in its history. The company initially delayed its EV roadmap last spring
as it sought to evaluate anticipated demand for its future lineup.
"In light of the recent slowdown in the growth of the EV market in the
U.S., Honda will reassess its resource allocations and further strengthen
its hybrid models. As for regional business, in addition to its main
markets, namely Japan and the U.S., Honda will enhance the model lineup
and cost competitiveness in India, where market expansion is expected. In other countries in Asia as well, Honda will strive to enhance its competitiveness by introducing next-generation hybrid models and
reassessing the allocation of its resources," said Honda in a press
release.
Honda's EV rollback comes after Ford majorly scaled back its own future roadmap, killing off the Ford F-150 Lightning and a fully electric van in favor of the upcoming midsize EV pickup and five "affordable" models, including an all-new pickup truck due out by 2030. Additionally, the Blue Oval decided to write off $19 billion as part of its paradigm shift."
On 3/14/26 10:41 AM, Lissajous wrote:
"Honda Cancels Three EVs, Posts First Annual Loss"
<https://fordauthority.com/2026/03/ford-rival-honda-cancels-three-evs-
posts-first-annual-loss/>
"Ford, along with most global automakers, have faced a reckoning with
their burgeoning EV programs, as tariffs make production costlier and
the end of the federal tax credits killed off demand for battery
electric cars. Stellantis posted a substantial $26 billion loss for
2025 and intends to scale back its EV ambitions. Similarly, Nissan is
far from a healthy company, with its CEO going so far as to not rule
out selling the entire company. Following in their footsteps is
Honda, which just announced an end to its American EV program and a
pivot to hybrids, in addition to a major financial loss.
The Honda 0 Saloon Concept at the 2025 CES Show.
Honda announced earlier today that it decided to cancel three North
American EVs - The Honda O SUV, O Sedan, and Acura RSX. The company
cited a presumed lack of demand and long term inability of the
vehicles to generate profit as the reasons for their cancellation.
All three had been in development but were planned to enter
production at the automaker's Marysville, Ohio assembly plant. As a
result, the automaker says it will post upwards of $16 billion in
losses, including about $7 billion for the current fiscal year, which
will represent the company's first-ever loss in its history. The
company initially delayed its EV roadmap last spring as it sought to
evaluate anticipated demand for its future lineup.
"In light of the recent slowdown in the growth of the EV market in
the U.S., Honda will reassess its resource allocations and further
strengthen its hybrid models. As for regional business, in addition
to its main markets, namely Japan and the U.S., Honda will enhance
the model lineup and cost competitiveness in India, where market
expansion is expected. In other countries in Asia as well, Honda will
strive to enhance its competitiveness by introducing next-generation
hybrid models and reassessing the allocation of its resources," said
Honda in a press release.
Honda's EV rollback comes after Ford majorly scaled back its own
future roadmap, killing off the Ford F-150 Lightning and a fully
electric van in favor of the upcoming midsize EV pickup and five
"affordable" models, including an all-new pickup truck due out by
2030. Additionally, the Blue Oval decided to write off $19 billion as
part of its paradigm shift."
The loss is an asset write-down, not an operating loss. It's industry-leading hybrid models will sustain the company for years to
come.
Iran War Sparks Surge in Electric Vehicle Searches
Mar. 12, 2026
https://nationaltoday.com/us/mi/detroit/news/2026/03/12/iran-war-sparks- >surge-in-electric-vehicle-searches/
Gas Prices Are Up, And So Are Searches For EVs
Mar 11 2026
https://insideevs.com/news/789704/edmunds-ev-search-uptick-iran/
Mitchell Holman wrote:
Iran War Sparks Surge in Electric Vehicle Searches
Mar. 12, 2026
https://nationaltoday.com/us/mi/detroit/news/2026/03/12/iran-war-sparks
- surge-in-electric-vehicle-searches/
Gas Prices Are Up, And So Are Searches For EVs
Mar 11 2026 >>https://insideevs.com/news/789704/edmunds-ev-search-uptick-iran/
Project 2025 says EV's are socialist and against fossil fuel industry
funded MAGA ideology
RichA <rander3127@gmail.com> wrote in
news:10pc5ii$28fk7$3@news.tcpreset.net:
Mitchell Holman wrote:
Iran War Sparks Surge in Electric Vehicle Searches
Mar. 12, 2026
https://nationaltoday.com/us/mi/detroit/news/2026/03/12/iran-war-sparks
- surge-in-electric-vehicle-searches/
Gas Prices Are Up, And So Are Searches For EVs
Mar 11 2026 >>https://insideevs.com/news/789704/edmunds-ev-search-uptick-iran/
Project 2025 says EV's are socialist and against fossil fuel
industry funded MAGA ideology
Conservatives champion independence,
and to prove it they advocate complete
subservience to Big Oil and pay whatever
it demands.
"Tear down your solar panels, stop
collecting rain water, abandon your
wells, hook up to The Grid and pay what
they demand!"
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