Honda retreats to hybrids after failed EV bet triggers record $9 billion loss [Images]
![Honda retreats to hybrids after failed EV bet triggers record $9 billion loss [Images]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2026/05/Honda-EV-plans-hybrids.jpeg?ssl=1)
AI Summary
Honda has shifted its focus back to hybrid vehicles following a staggering $9 billion loss from its electric vehicle strategy. The automaker plans to launch two new hybrids by 2028 as part of this pivot.
The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to ...