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Honda’s EV programme cancellations have plunged the company into the red, and turning this situation around will likely take several years. By Ian Henry
Honda’s Q4 and fiscal 2026 results showed a significant worsening year-on-year, with the reported losses reflecting its decision to reset stragetically and effectively stop its electric vehicle (EV) investments. In March, the company cancelled the launch and development of various electric models due to be built in North America, resulting in EV-related losses of JP¥1.31tr in Q4 and dragging it to a full-year operating loss of more than JP¥414bn.
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May 15, 2026
May 15, 2026
May 15, 2026
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