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Honda halts EV SUV development due to falling US demand, Nikkei reports

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Honda halts EV SUV development due to falling US demand, Nikkei reports

Jul 5, 2025 8:25 AM

July 5 (Reuters) - Honda ( HMC ) has stopped the

development of a large electric SUV, which is a major part of

its EV strategy, as demand for electric vehicles in the U.S. is

expected to continue to decline, Nikkei reported on Saturday.

Reuters could not immediately verify the report.

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