Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a...
  • i_stole_ur_taco@lemmy.ca
    81·
    4 hours ago

    Adios, Honda.

    Any company doubling down on fossil fuels in 2026 is fucking toast. Did Mazda ever clue in and come up with an d strategy?

    As a kid I just assumed all these giant car companies would be around forever. That their leadership knew how to stay in business and read the tea leaves.

    Apparently I was wrong. They’re stupid af.

    • Jarix@lemmy.world
      3·
      2 hours ago

      I thought the previous financial crisis in 2008 was at least a wake up call, I mean look at the story that is Stellantis today. It’s nutty. Quite silly. So obviously shooting yourself in the foot.

      Unless someone like BYD in China is making moves to buyout Honda’s Automotive branch

    • ZombieCyborgFromOuterSpace@piefed.caEnglish
      6·
      2 hours ago

      They’re not really doubling down on fossil fuels. They’re just going into hydrogen fuel cells instead. But, Toyota tried that and it’s not working. The Japanese are incredibly stubborn for these things.

      Meanwhile, China is coming with a new solid state battery for E.V.s that will revolutionize everything. Fast charging up to 80% within 5 min. Temperature doesn’t affect the efficiency, will allow for longer range and is also safe against punctures as they don’t catch on fire like conventional batteries.

  • gummi134@fedinsfw.appEnglish
    17·
    6 hours ago

    Meanwhile, they’re investing instead even more into Hydrogen. For some reason. Despite 20+ years of Hydrogen proving it will never be a viable consumer option. Same with Toyota.