Electric Car News: Electric vehicles lead major car maker to report first loss in decades

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Details: Written by Bing News Search Results; Category: Vehicle News Articles; Published: 30 May 2026; Created: 30 May 2026; Last Updated: 30 May 2026

Honda Motors reported its first annual loss in nearly 70 years, which came as a result of an emphasis on electric cars. The Japan-based car company has been listed on the stock market since 1957, but the combination of electric vehicle bets and Trump trade policies led to its first-ever year in the red.
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Source:www.msn.com

Posted: 2026-05-30 03:15:45

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Electric Car News: Ferrari unveils $1m ‘Luce’, its first fully electric car, in a tough market
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Ferrari shares fall nearly 8 per cent after disappointing reviews and a cool response. Read more at straitstimes.com. Read more at straitstimes.com.
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Source:www.straitstimes.com

Electric Car News: Ferrari CEO defends $640,000 price tag for its first fully electric car
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Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation.
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Electric Car News: Ferrari’s $640,000 electric car is getting roasted online—and its former chairman says it risks ‘destruction of a myth’
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It’s never a good sign when your former chairman explains that he has to bite his tongue about your much-anticipated major product launch. Former Ferrari president and chairman Luca di Montezemolo was so appalled by the Luce,
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