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Honda Just Lost Billions on EVs It Can’t Sell

Japanese automaker Honda just cancelled the production of three planned made-in-the-U.S.A. electric cars, including the 0-Series SUV, the 0-Series Saloon, and the Acura RSX — and the company says it will write off massive losses as a result.


More … Honda Motor Expects Up to $15.7 Billion Hit From EV Strategy Reassessment

h/t Mauser

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