On March 12, Honda made an announcement regarding the abandonment of its development and launch initiatives for three electric vehicle models that were initially slated for production in North America. These models include the Honda 0 Series SUV, sedan, and the Acura RSX. This strategic shift comes as a result of the company's reassessment of its automotive electrification blueprint, largely influenced by a series of transformations in the business landscape. Key factors contributing to this decision encompass the recent deceleration in the growth of the U.S. electric vehicle market, alterations in tariff regulations, and heightened competition within the Chinese market.

Consequently, Honda anticipates a consolidated financial setback for the fiscal year 2026 (which concludes on March 31, 2026), with projected losses estimated to fall within the range of 270 billion to 1.12 trillion yen.