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Stock impact report

Two more EVs for the trash heap: Volvo EX30 and Honda Prologue [Verge, The]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Verge, The
The steady stream of news about automakers cancelling or discontinuing electric vehicles continues apace. This week it's Volvo's small, quirky EX30 and Honda's solo electric offering in the US, the Prologue . Both are the latest victims of stagnating EV sales in the US thanks to the Trump administration's decision to eliminate tax incentives. First, the EX30. The small SUV was the most affordable EV in Volvo's lineup, even if it took some time before it arrived on our shores. Volvo spokesperson Sophia Durr says that the automaker's US division has decided to discontinue the EX30 and EX30 Cross Country after the 2026 model year. It will, however, remain on the market globally, including in Mexico and Canada. “Volvo Cars' commitment to electrification and our customers remains unchanged,” Durr said in a statement, “and we look forward to continuing to bring exciting new electrified options to our customers in the US, including the all-new EX60 and upgraded EX90.” One of the Show less Read more
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