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Honda unveiled prototypes of two new hybrid models, and Accord sedan and Acura RDX SUVat its annual business event this week, it built on a platform it says will launch next year. RDX was announced earlier this year as Honda’s first SUV to feature the next generation of its two-generation hybrid vehicle.
In March, Honda he announced it would take a write-down of up to 2.5 trillion yen ($15.7 billion) for its EV business. Now Honda says its EV-related losses will be “eliminated” by 2029, and that it will review its EV plans in 2030.