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Honda books US$15.7 billion EV loss after scrapping projects and compensating suppliers

Jen-Chieh Chiang, Taipei 0

Credit: AFP

Japan's Honda Motor Co. stunned investors in March 2026 by announcing up to JPY2.5 trillion (approx. US$15.8 billion) in impairment losses tied largely to its troubled push into electric vehicles, underscoring how even one of the industry's most storied...

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