The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.
GM and Honda have canceled plans to jointly develop affordable electric vehicles as they face slower-than-expected demand and changing market conditions.
The cancellation is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.it was announced is the latest in a string of decisions by automakers, specifically GM, to scale back or cancel previously announced EV plans. Since the automakers first announced the partnership, the outlook for EVs has dimmed due to higher costs, lack of infrastructure and slower-than-expected consumer demand.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A major airline is letting customers pay $30 for elbow roomAustralia's flagship air carrier Qantas Airways officially debuted Neighbour Free Seating in October.
Read more »
Ben Affleck Lists Pacific Palisades Home for $30 MillionBen Affleck just put his Pacific Palisades mansion on the market -- for a whopping $30 million -- definite proof he and Jennifer Lopez have officially shacked up together.
Read more »
Solana (SOL) Flirts With $30 Resistance: 3 Levels You Shouldn't MissSolana has reached important price level, and next moves will determine its foreseeable future
Read more »
Year-to-Date Inflows to Solana Hit $74 Million as SOL Price Shot Above $30: CoinSharesCrypto Blog
Read more »
Amazon’s Best-Selling Fleece-Lined Leggings Are on Sale for Less Than $30 Right NowGet the same comfort of these fan-favorite leggings but with a layer of added warmth for winter.
Read more »
Bishop State presents $30 million, state-of-the-art manufacturing centerThe Center for Advanced Manufacturing Technology on Bishop State's campus gives students the opportunity to learn cutting-edge manufacturing techniques.
Read more »