March 14, 2026 | Weekend Drive: Automakers pay big to retreat on EVs, but could the market make a comeback?

Automotive News

14 March 2026

Honda is scrapping three electric vehicles and booking up to $15.8 billion in losses as the auto industry’s EV restructuring bill approaches $70 billion. But could rising gas prices and a growing used EV market help revive demand? Michael Martinez and Lindsay VanHulle talk about those trends and more.