And there goes some Honda electric cars......
Honda is killing three of its electric models that it has previously planned to build and sell in the United States, in the latest sign of the automobile industry's retreat on EVs as customer demand and federal support for the technology recede.
The Japanese automaker announced in a March 12 a statement the end of its plans to produce the electric Honda 0 SUV, Honda 0 Saloon, and Acura RS. The company said "the decision was made as part of the reassessment of the companys automobile electrification strategy due to various factors including recent changes in the business environment."
Honda said the profitability of its auto business "is currently declining due primarily to 1) the unfavorable impact of changes in U.S. tariff policies on the gasoline and hybrid vehicle business and 2) a decline in the competitiveness of Honda products in Asia due to the impact of the allocation of more resources to EV development."
The news comes as U.S. EV sales fell in 2025 amid disappearing federal tax credits for plug-in models and tariffs imposed on imported cars and parts. But there has been in uptick in consideration of used electric vehicles as drivers are reeling from mounting new car and gas prices.
With that in mind, the USA TODAY Cars team took a look at why Honda is pulling the plug on several of its EV models.
https://www.usatoday.com/story/cars/news/2026/03/13/honda-evs-united-states-canceled/89135893007/?tbref=hp