Honda Motor has been hit hard by dramatic changes in the electric-vehicle market, so much so that analysts are intensely running the numbers and asking hard questions.
The company will be taking an impairment charge of up to ?2.5 trillion ($15.7 billion) for costs related to EV development, and it expects to post a net loss of as much as ?690 billion in the fiscal year that ended March 31, 2026.
The loss will be the company’s first annual loss in about 70 years.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.