Honda, the world's largest engine manufacturer, faces challenges in the electric vehicle (EV) era, struggling to keep pace with competitors, particularly in China. While the company has invested $65 billion in EVs and software, it relies on partnerships for its initial U.S. models, raising concerns about its ability to adapt to the rapidly shifting automotive landscape. Despite being a leader in hybrid sales, experts question whether Honda can maintain its relevance as the market increasingly favors battery-electric vehicles.
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