Honda scraps future electric plans and faces $15.7 billion loss

13 March 2026
Honda is canceling three major electric models and bracing for a {{$15.7}} billion loss as the company rethinks its strategy for North American EVs.

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  • Anonymous

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  • nokoj

Lucid Air: Launched with $1 billion investment
Xiaomi su7: $3 billion
Honda: $16 billion, no launch.

  • nokoj

$15 billion and they didn't even have 800V platform. Xiaomi "launched" 800V Su7 with $1.4 billion investment. x10 times money, x0 times the result. Su7 is one of the top sellers. Blaming market with no product to sell. Its just money laundering.

  • Anonymous

"The road to an all-electric future hit a massive pothole for one of the world's most famous carmakers."

Yeah, they finally woke up from that fever dream. ICE shouldn't be killed off. Not every car needs to be an EV.

  • Anonymous

Of course making those cars would result in financial loss. Who would buy such ugly cars?

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