Honda expects full-year loss from $15.7b EV costs
Tech in Asia·2026-03-12 20:00
Honda warned it will record a loss of up to 570 billion yen (US$3.6 billion) in the year ending March, following higher EV restructuring costs.
It also expects up to 2.5 trillion yen (US$15.7 billion) in expenses and losses over several financial years as part of its strategy shift.
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