Honda to Consolidate Thai Car Plants Amid Electrification Push

Honda Motor Co. will consolidate its two car plants in Thailand by 2025 to deal with overcapacity and focus resources on electrification as battery electric vehicles gain popularity in the ... Read More

Honda Restructures in Thailand: Ayutthaya Factory Reportedly Shifts Focus Amid EV Competition - MSN

These are Honda’s only factories in Thailand. Combined production at these plants has declined from 228,000 vehicles in 2019 to under 150,000 annually in the past four years through 2023. Read More

Honda shifts focus to hybrid vehicles amid EV slowdown - MSN

Earlier this month, Honda announced a two-year delay on a C$15bn ($10.7bn) plan to establish an EV production base in Ontario, Canada, due to the reduced demand for electric cars. Read More

Honda to end vehicle production at one of its Thai auto plants

Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025 as it plans to consolidate its output under the plant it runs in Prachinburi province, the ... Read More

Honda Downshifts on Its EV Goals Amid Trade, Sales Woes

As a result, Mibe is now shooting for EVs to account for 20% of the automaker’s sales by 2030. Previously, Honda had a target of 30% by the end of the decade, and it now expects to sell just ... Read More

Honda to end vehicle production at Ayutthaya plant

The Thai government has set a goal for battery EVs to comprise 30% of total car manufacturing by 2030 through the production of 725,000 zero-emission cars, 675,000 electric motorcycles and 34,000 ... Read More

Honda’s No. 2 Exec Suddenly Resigns Amid Misconduct Allegations

One of Honda’s top executives called it quits following an internal investigation. In a statement released on April 7, Japanese automaker Honda announced that one of its top executives, Shinji ... Read More

Honda temporarily pulling back on EV strategy amid slowing U.S. sales - National - Global News

Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30 per cent of its global vehicle sales by 2030 ... Read More

Honda to End Vehicle Production at One of Its Thai Auto Plants - U.S. News

Last week, China's BYD opened a plant for battery-powered cars in Thailand that is part of a wave of investment worth more than $1.44 billion from Chinese EV makers that are establishing factories ... Read More

Honda shifts focus to hybrid vehicles amid EV slowdown

Earlier this month, Honda announced a two-year delay on a C$15bn ($10.7bn) plan to establish an EV production base in Ontario, Canada, due to the reduced demand for electric cars. Read More