Honda Reports First Annual Loss in Nearly 70 Years on EV-Related Costs

Honda said it posted its first annual loss in nearly 70 years after electric-vehicle-related losses totaled 1.579 trillion yen ($10 billion) in the fiscal year ended March 2026. The company said those costs contributed to an operating profit loss of 414.3 billion yen ($2.625 billion). The figures underscore how large automakers can face heavy near-term financial pressure from electric-vehicle investment, including spending tied to production, supply chains, and model development.

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