<ul data-eligibleForWebStory="false"><li>Honda has reportedly canceled plans for a large electric SUV that was supposed to launch in 2027 and has slashed its EV-related funding from ¥10 trillion to ¥7 trillion through 2030.</li><li>Despite the cancelation of the electric SUV, Honda is still planning to launch flagship electric sedan and midsize SUV EVs next year.</li><li>Honda had initially planned to launch seven EVs by 2030, but the current status of the remaining models is unclear as the automaker shifts focus to building more hybrids.</li><li>There has been a noticeable shift in the automotive industry with automakers rethinking their EV plans due to changing consumer demand, leading to a trend of focusing more on hybrids and preserving combustion engine options.</li></ul>

Honda's Big Electric SUV Is Reportedly Dead

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