<ul><li>Honda is reducing its sales targets and investment plans for pure electric vehicles to focus on hybrids due to changes in the EV market environment.</li><li>The company will invest seven trillion yen in EVs and software development, down from the previously planned 10 trillion yen.</li><li>Honda will introduce 13 next-generation hybrid electric vehicle (HEV) models globally from 2027 onwards, with a focus on improving range and driving efficiency.</li><li>The automaker aims to increase global sales volume in 2030, with HEVs accounting for 2.2 million units and EVs around 750,000 units, maintaining its commitment to achieving carbon neutrality.</li></ul>

Honda to scale back EV sales target/investments, to focus on hybrids – 13 next-gen HEVs due from 2027

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