
Automotive News Daily Drive · Automotive News
March 14, 2026 | Weekend Drive: Automakers pay big to retreat on EVs, but could the market make a comeback?
·22 min·2 clips
Honda canceled three EVs expecting $16 billion losses, revealing how automakers got the EV transition wrong.
As heard by us
A grounded look at EV retrenchment, write-downs, and supplier strain.
Automotive News Daily Drive treats this weekend roundup as a business story, not a slogan story. It moves from Honda's costly retreat and the growing pile of automaker write-downs to the strain sitting underneath the supply chain, then turns to the harder question of what…
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You want the EV pullback explained in plain business terms.
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