India, March 13 -- Honda believes that launching the 0 Series SUV, 0 Series Saloon, and an Acura RSX in such market conditions would likely 'result in further losses over the long term.'

Honda has pulled the plug on three EVs for North America, including the 0 Series SUV, 0 Series Saloon, and an Acura RSX crossover, due to 'recent changes in the business environment' and declining demand for electric vehicles. The company believes that launching these models in such conditions would likely 'result in further losses over the long term.' That said, the Japanese automaker remains optimistic about growth opportunities in India and plans to strengthen its lineup for the market. As a result, the 0(Alpha), positioned as the entry point to the 0...