{"id":1822234,"date":"2026-03-12T00:00:00","date_gmt":"2026-03-11T21:00:00","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1822234"},"modified":"2026-03-12T00:00:00","modified_gmt":"2026-03-11T21:00:00","slug":"oh-no-honda-has-cancelled-its-wedgy-0-series-electric-cars","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1822234","title":{"rendered":"Oh no, Honda has cancelled its wedgy 0 Series electric cars"},"content":{"rendered":"
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Well, wow. Honda has cancelled the development and release of the wedgy 0 Series saloon and SUV<\/a>, along with the Acura RSX EV<\/a>, because\u2026 well, just wow. So many reasons. And Honda hasn\u2019t pulled any punches nor hidden behind any corporate speak.<\/p>\n

Indeed, the Japanese carmaker is astonishingly frank about its current predicament. It said the profitability of its cars division is being hit after \u201cunfavourable\u201d US tariffs on petrol and hybrid cars, and a \u201cdecline in the competitiveness of Honda products in Asia\u201d.<\/p>\n<\/div>\n

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About the US. Honda betted on previous administrations\u2019 \u201cstringent environmental regulations\u201d that made making and selling EVs viable. But now, with the \u201ceasing of fossil fuel regulations\u201d, the EV market is declining.<\/p>\n

About China. \u201cHonda was unable to deliver products that offer value for money better than that of newer EV manufacturers,\u201d it said, citing China\u2019s ability to rapidly develop and launch not just new cars, but software-defined tech.<\/p>\n<\/div>\n

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And so the \u201cHonda automobile business has fallen into an extremely challenging earnings situation due to various factors, including its inability to respond flexibly to these changes\u201d.<\/p>\n

So, first on the chopping block are those aforementioned 0 Series cars<\/a>, which surely must have been right on the cusp of being ready to deliver, along with the RSX.<\/p>\n<\/div>\n

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\u201cHonda determined that starting production and sales of these three models in [the] current business environment where the demand for EVs is declining significantly would likely result in further losses over the long term,\u201d it said. It expects to record losses this financial year. And possibly the next, too. Honda reckons up to 2.5 trillion yen.<\/p>\n

So, what\u2019s the plan now? To divert resources into its hybrid cars, focus on India (where it expects to grow), and do some other very complicated financial things. Heck, even the senior executives will forgo their performance bonuses for this year.<\/p>\n

Like we said\u2026 wow.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Well, wow. Honda has cancelled the development and release of the wedgy 0 Series saloon and SUV, along with the Acura RSX EV, because\u2026 well, just wow. So many reasons. And Honda hasn\u2019t pulled any punches nor hidden behind any corporate speak. Indeed, the Japanese carmaker is astonishingly frank about its current predicament. It said […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[226,237],"class_list":["post-1822234","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-crawlmanager","tag-topgear-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1822234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1822234"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1822234\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1822234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1822234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1822234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}