Search results for Acura
Industry
Honda posts over $9 billion loss on EVs, drops 2040 full electrification goal
Honda has shifted to a hybrid-focused strategy after recording more than $9 billion in losses linked to its electric-vehicle business. It booked 1.45 trillion yen in EV-related losses for the fiscal year ending March 2026 and abandoned its goal of phasing out gasoline vehicles by 2040. The company plans new hybrid models and changes North American production, including repurposing an Ohio EV hub and converting some battery lines at an LG Energy Solution joint venture.
Mobility
Surging fuel prices boost global EV sales but U.S. supply constraints limit growth
Rising gasoline prices are lifting electric vehicle sales globally, but concerns are growing that the United States could fall behind because supply is not keeping pace. Europe set monthly records in March for EV and plug-in hybrid sales, with growth also continuing in Asia and Australia. Analysts cite high oil prices and ample Chinese EV supply as key drivers in parts of Asia. In the United States, demand indicators are improving, but fewer models and cancellations are constraining supply.
Industry
Platform trio posts improved 2025 results as e-bike keywords emerge
South Korea’s mobility platform industry posted stronger-than-expected results in 2025, with Kakao Mobility, Tmap Mobility and Socar improving operating profit and shifting toward profitability-focused management. The government extended fuel tax cuts by two months and prolonged a temporary auto tax cut until June 30. The article also covers global EV sales growth, updates involving Waymo and Tesla, vehicle and battery developments, and 2025 electric bicycle trends including lighter folding models and new motor technology.