The auto industry slowdown continues. Honda ( HMC ) on Tuesday scaled back its electric vehicle targets, citing diminishing U.S. demand. The Japanese automaker had initially planned to invest $69 billion in an electrification strategy by the end of 2031 but has reduced the figure to $48 billion. Advertisement “The environment surrounding the automobile industry is changing day by day. Uncertainty in the business environment is increasing, due particularly to the slowdown in the expansion of the

Tag-uri: Honda