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News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 days ago

Honda warns of $16bn hit on its pivot away from EVs

www.dw.com

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Honda warns of $16bn hit on its pivot away from EVs

www.dw.com

News Reporter@lemmy.wtfB to Economy@lemmy.world · 4 days ago
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Japan's Honda expects to book extra costs of almost $16 billion as it recalibrates its electric vehicle strategy. It blamed US policy changes and tariffs in part, as well as reduced competitiveness in Asia.
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