Tag: Japan
Honda slashes EV budget in fresh blow for the electric car industry amid waning demand as it vows to focus on hybrids
The Japanese automotive giant says it now expects around 20 per cent of its car sales to be electric by 2030, rather than 30 percent, amid dwindling demand.
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20 May, 11:42 PM
Nissan's fight for survival as it faces make-or-break 12 months: From battling influx of cheap Chinese electric vehicles to turmoil at leadership level, how crisis-hit Japanese car giant has been left on the brink
Like many global automakers, the Japanese giant is struggling in China where local manufacturers are gobbling up market share with affordable EVs and hybrids.
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3 Dec, 12:00 AM