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Honda warns of $16bn hit on its pivot away from EVs

Honda warns of $16bn hit on its pivot away from EVs

Japan's Honda expects to book extra costs of almost $16 billion as it recalibrates its electric vehicle strategy. It blamed US policy changes and tariffs in part, as well as reduced competitiveness in...

Japan's Honda expects to book extra costs of almost $16 billion as it recalibrates its electric vehicle strategy. It blamed US policy changes and tariffs in part, as well as reduced competitiveness in Asia.

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