Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail Authored by Rob Sabo via The Epoch Times (emphasis ours), A reassessment of Honda Motor Co., Ltd., corporate electric vehicle (EV) strategy and planned cancellation of three EV models for the North American market could lead to losses totaling approximately $15.7 billion for its fiscal year ending March 31, the company said in a news release on March 12. A Honda SUV e: Prototype electric vehicle is...

Tesla Avoids California Suspension By Dropping 'Self-Driving' Claims Authored by Rob Sabo via The Epoch Times (emphasis ours), Tesla Motors avoided a 30-day suspension of its dealer and manufacturer licenses from the California Department of Motor Vehicles (DMV) by removing the term “autopilot” from its vehicle marketing efforts in California. The Tesla booth at the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Madalina Vasiliu/The Epoch Times Acco...