Honda has reported its first annual loss since becoming a publicly traded company in 1957. The Japanese car giant lost more than 423 billion yen, or roughly 2.7 billion dollars, after massive EV-related write-downs, falling sales in China and slowing demand in key global markets. This video explains how Honda’s problems started years before its electric vehicle strategy unravelled. From ageing car models and growing competition from Chinese automakers like BYD to changing US EV policies and collapsing sales targets, we break down everything behind Honda’s biggest crisis in decades. Can Honda recover as the global car industry changes faster than ever?

---

Honda | EV Crisis | BYD | Electric Vehicles | China Auto Market | Japanese Automakers | Global Car Industry | Auto Industry | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News

#honda #ev #electricvehicles #byd #automotive #china #businessnews #worldnews #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews

Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
https://www.youtube.com/@Firstpost

Follow Firstpost on Website:
https://www.firstpost.com

Follow Firstpost on Instagram:
https://www.instagram.com/firstpost/

Follow Firstpost on Facebook:
https://www.facebook.com/firstpostin/

Follow Firstpost on X:
https://twitter.com/firstpost

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V