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The report says that the company is all set to stop investing efforts in the EV segment after witnessing the low sales of its Prologue and Acura ZDX.
Representational image. Honda Elevate. (Photo: Paras Yadav/News18.com)
When the top car makers globally are putting a lot of effort in the electric segment, the leading player, Honda now decided to take a different route and start prioritising hybrid instead.
The report says that the company is all set to stop investing efforts in the EV segment after witnessing the low sales of its Prologue and Acura ZDX. The company has even pulled the plug on a EV, which was under development for the North American market.
Here’s What Report Says
According to the details, the company decided to add an electric SUV to its international fleet to boost vertical. It has also formed a partnership with General Motors using the Ultium platform. However, nothing goes in favour of the model as the company decided to give it a pause and work on hybrid vehicles instead.
Meanwhile, the company offers the City e:HEV globally. It is the hybrid sedan that has been doing good business and attracting the masses in both the domestic and international markets.
Honda Civic Future?
The reports suggested that the company is expected to introduce an updated avatar of Civic. It is likely to be treated with the hybrid system. This will allow the customers to enjoy a decent fuel efficiency on lower running costs as compared to the standard version.
Shahrukh Shah, Sub-Editor at News18, loves to write about everything that moves on wheels. With years of experience and the required skill sets, he is contributing to the auto section, where he let people know …Read More
Shahrukh Shah, Sub-Editor at News18, loves to write about everything that moves on wheels. With years of experience and the required skill sets, he is contributing to the auto section, where he let people know … Read More
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