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Motor1
Motor1
Business
Anthony Alaniz

Honda's Big Electric SUV Is Reportedly Dead

There's been a noticeable shift in the automotive industry this year. Automakers are rethinking their roadmaps that had put them on a path toward full electrification. Electric vehicle adoption is slowing in the United States, and the federal tax incentives are set to disappear soon. That makes pouring billions of dollars into EV development even riskier for already strained auto companies, and that uncertainty is forcing some, like Honda, to pull the plug on developing some future models.

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