Honda Revises 2030 EV Sales Ratio Target To 20% From Previous 30% Due To Market Slowdown

Reuters
2025.11.07 06:51
Nov 7 (Reuters) - Honda Motor Co Ltd (7267.T) : * REVISES 2030 EV SALES RATIO TARGET TO 20% FROM PREVIOUS 30% DUE TO MARKET SLOWDOWN * WILL HALT DEVELOPMENT OF SOME EV MODELS * BOOKED MORE THAN 200 BILLION YEN ONE-OFF EXPENDITURE IN H1 RELATED TO PROVISIONS FOR LOSSES AND IMPAIRMENT ON EVS SOLD IN U.S. * FY2025/26 OPERATING PROFIT TO SEE 150 BILLION YEN NEGATIVE IMPACT FROM CHIP SUPPLY SHORTAGE Further company coverage: (7267.T)
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.