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Event Brief

Honda warns of ¥2.5 trillion charge on global EV downturn

Honda cancels development of three EV models planned for North America amid financial concerns.
WHO: Honda
WHAT: warns of financial charge and cancels EV models
WHEN: Mar 12, 2026 at 4:50 AM ET
WHERE: North America
WHY: due to downturn in the global EV market
Sources (2): Ars Technica, Japan Times

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