Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan

Published: Mar 13, 2026 13:52

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On March 12, Honda Motor released its latest flash report for the fiscal year 2025, projecting an operating loss of 270 billion yen to 570 billion yen for the fiscal year ending April 2025 to March 2026, equivalent to approximately 11.68 billion yuan to 24.67 billion yuan. It projects a net loss of 420 billion yen to 690 billion yen, equivalent to approximately 18.17 billion yuan to 29.86 billion yuan. It is understood that this marks Honda Motor's first annual loss since its listing. Furthermore, on the same day as announcing the results, Honda also announced a significant decision to cancel certain research, development, and launch plans for US-manufactured electric vehicles.

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