---
title: "Key facts: Honda ¥423.9B net loss; scraps EV plans, holds Nissan talks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286625260.md"
description: "Honda Motor Co. reported a net loss of ¥423.9B for FY Mar 2026, primarily due to EV writedowns and restructuring costs. The company has scrapped several EV projects, including three models in Ohio and an $11B Canadian plant, and will shift focus to hybrids in North America by 2027. Additionally, Honda is in talks with Nissan regarding a potential alliance."
datetime: "2026-05-16T00:14:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286625260.md)
  - [en](https://longbridge.com/en/news/286625260.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286625260.md)
---

# Key facts: Honda ¥423.9B net loss; scraps EV plans, holds Nissan talks

-   Honda Motor Co. (7267) posted FY Mar 2026 operating loss ¥414.3B and net loss ¥423.9B, driven by EV writedowns and restructuring; adjusted operating profit excluding those items: ¥1.0393T.1
-   Honda (ADR: 7267) scrapped several EV projects: three Ohio EV models and an $11B Canadian EV/battery plant. It dropped the 2040 ICE phase-out and will shift North America to hybrids from 2027.2
-   May 13: Honda Motor Co. (7267) held talks with Nissan on a possible alliance, discussing cooperation scope and control balance; talks followed Nissan’s recent profit report and major cost cuts.3

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