Honda has announced operating losses for four quarters in a row and is now making substantial changes to its electrification strategy. The automaker is putting several electric vehicle projects on hold and redirecting its development efforts toward hybrid models, moving away from its previous focus on pure electric vehicles. According to financial reports, Honda incurred a cumulative loss of 166.4 billion yen (about RMB 7.515 billion) in the first three quarters of the 2026 fiscal year (which concludes on December 31, 2025).
