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Honda Retreats To Hybrids After Failed EV Bet Triggers Record $9 Billion Loss


An anonymous reader quotes a report from Electrek: Honda is waving the white flag. The Japanese automaker previewed two new hybrids set to launch by 2028 after taking an over $9 billion hit over its failed EV bet, leading to its biggest loss in company history. Honda admitted it was "unable to deliv...

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