Honda’s 2030 EV Sales Goal Slips Out of Reach

Honda’s 2030 EV sales goal slips out of reach

Honda 0 Saloon EV | HondaHonda is tapping the brakes on one of its loftiest transitional production targets. The company confirmed it no longer expects to hit its goal of making 30% of global car sales EVs by 2030.  The automaker previously hoped to offer a 100% electric lineup by 2040, by the way. The update came directly from Honda’s global CEO, Toshihiro Mibe, who offered a wide-ranging strategy realignment in response to a shifting global ma…

Honda Postponing Ontario EV Supply Chain Investment by Two Years - Electrical Industry News Week

May 26, 2025 Honda is postponing its plan to invest in a comprehensive EV supply chain in Ontario. The CBC reported that the investment is being push back by two years. “Due to the recent slowdown of the EV market, Honda Motor has announced an approximate two-year postponement of the comprehensive value chain investment project in Canada. The company will continue to evaluate the timing and project progression as market conditions change,” a com…