The year 2025 is only half over. But for some of global automakers’ most ambitious electric vehicle projects, the In Memoriam segment is already shaping up to be a sad one. Major manufacturers including Honda, Stellantis, and Nissan publicly backed off plans to build and sell battery-electric vehicles, joining others who have made similar admissions in the past two years.
Vehicle program cancellations aren’t the sign of a thriving industry. Traditional automakers work on five- to seven-year product cycles, which means they’ve already started…
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