Honda halting plans to develop smaller EVs with GM, CEO says

CEO Toshihiro Mibe: "Honda will not just stand by and watch. We want to be the one taking initiative to bring about transformation."

By:

Bloomberg

October 25, 2023 10:20 AM

Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors due to a changing business environment, CEO Toshihiro Mibe said.

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