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Honda's retreat from electric vehicles is costly.

A statement by Honda Motor. Statements are as reported by the cited publishers — not verified by DecisionGateway.

its costly retreat from electric vehicles
nikkeiasiaPublished 2026-11-10 Read source
Honda Motor dossier

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A persistently weak yen cushions the impact of Honda's costly retreat from electric vehicles.Honda Motor · statementThe investment is a move to expand production of hybrid vehicles.Honda Motor · statementThis is Honda's first major new U.S. assembly plant since 2008.the post author · statementThe new plant is Honda's first US auto plant in two decades.Honda · statementDiesel costs rose by over 20%.Management · statementThe cost is about 4% higher than in 2015.TheStraitsTimes · statement

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A persistently weak yen cushions the impact of Honda's costly retreat from electric vehicles.statementHonda Motor raised its full-year net profit forecast to 500 billion yen ($3.1 billion), up from 400 billion yen.statementThe investment is a move to expand production of hybrid vehicles.statementHonda Motor is investing $3 billion in the new Ohio plant.commitmentHonda Motor will construct a new auto assembly plant in Ohio.commitment
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