Honda increases North American EV strategy in 2024 amidst other automakers scaling back EV production.
Honda may be North America's most committed automaker to EVs, despite legacy automakers scaling back EV production goals due to slowing sales growth. Honda Motor Company is increasing its North American EV strategy in 2024, according to a top official in the region. Industry analysts see this as a reflection of Honda being late to the electric vehicle game or being opportunistic. Historically, Honda's production promises have not always been realized.
June 09, 2024
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