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.
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