The Independent
UK · 40 mins ago
✦ 78◉ Centre
Honda records its first-ever annual loss on a costly EV strategy
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Credibility 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Honda reported its first-ever annual loss of $2.7 billion in the last fiscal year, attributed to investments in its electric vehicle strategy.
Honda records its first-ever annual loss on a costly EV strategy
Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy
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