Honda reported a 0.5% increase in revenue for the fiscal year ending March 2026 but faced a record loss of ¥423.9 billion due to unmet expectations in the electric vehicle (EV) market and changes in U.S. policy that impacted demand and import tariffs, prompting the company to revise its EV production targets and focus instead on its motorcycle business, financial services, and hybrid vehicles. #Honda #ElectricVehicles #AutomotiveNews #JP #US #CN #IN #CA #IL #IR











