Honda develops dual platform for EVs and hybrids after writing off 15.7 billion dollars on scrapped North American EV programme
By Eve
Honda is creating a next generation electric vehicle platform capable of supporting both hybrid and fully electric powertrains, according to Automotive News. The move follows the company writing off 15.7 billion dollars in investment after scrapping its 0 Series North American EV programme. Honda president Toshihiro Mibe said the company still expects electric adoption to accelerate after 2030, but the flexible platform approach signals a more cautious strategy amid changing market conditions and weakening US policy support.
Why it matters
The dual platform strategy may influence procurement decisions as Honda balances EV infrastructure investment against hybrid alternatives, potentially affecting the scale and timing of charging network requirements. The 15.7 billion dollar write off demonstrates the financial risks automakers face in committing exclusively to electric vehicles, which could shape how CPOs plan long term charging infrastructure partnerships.
Source
- Original title
- “Honda Took A $16 Billion Bath On EVs, So Now Wants More EVs On A Platform That Can Switch Sides”
- Published
- 26 May 2026 (date approximate)
- Updated
- 22 September 2026
In this story
- Topic
- Electric Vehicles
- Tag
- Honda
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