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Honda’s $9 billion EV gamble just claimed its latest victim

21 July 2026 at 14:00

The last year has been a roller-coaster for those competing in the world of electric vehicles. From tariffs to the removal of the federal tax incentive for EVs, demand for electric vehicles has slowed down drastically. For those that invested the most, like Honda, this turbulence has been quite costly. Now it has officially claimed another victim.

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