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Toshihiro Mibe
Honda Reduces Electric Vehicle Investments Amid Sales Challenges
Honda Motor is slamming on the brakes due to strong headwinds in electric car sales and decreased political pressure for the transition to electric-powered vehicles. Both sales targets and investment plans for electric cars are being scaled back by the Japanese car manufacturer.
Nissan and Honda confirm merger plan
A new major player in the global car industry is about to be created. Japanese Honda and Nissan have signed an agreement on merger talks.
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