Honda cancels Zero Series EVs, citing ‘extremely challenging’ situation

Honda

Farewell, Honda Zero. We never knew thee. Honda is cancelling its Zero Series SUV and Saloon , as well as the Acura RSX EVs , citing an “extremely challenging earnings situation.” The Japanese automaker, which unsuccessfully tried to merge with Nissan last year , said it expected to make a net loss of ¥360 billion (~$2.5 billion) to ¥630 billion (~$4.4 billion) in the full year ending this month — which, according to The Financial Times , would be Honda’s first ever annual recorded loss since

Tag-uri: Honda

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