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Honda reports first loss since 1957 as it waters down EV strategy, but shares rise on 2026 forecasts

The Japanese carmaker pursued an aggressive switch towards electric vehicles that it's now trying to walk back. Despite posting its first loss on record, its share price spiked on more buoyant predictions for 2026.

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Honda reports first loss since 1957 as it waters down EV strategy, but shares rise on 2026 forecasts
DW News المصدر: DW News
The Japanese carmaker pursued an aggressive switch towards electric vehicles that it's now trying to walk back. Despite posting its first loss on record, its share price spiked on more buoyant predictions for 2026.