The automaker has reportedly canceled plans for a large electric SUV. It was supposed to launch in 2027, but according to a new report from Nikkei Asia, Honda has halted development on the model and ...

Honda is the latest automaker to dial back its plans. Instead of building a large electric SUV, it’s slashing $20 billion from the EV development budget to focus on hybrid vehicles instead.

TOKYO -- Honda Motor has halted the development of a large electric SUV, a major part of its EV strategy, as demand for ...