Honda Motor 7267 9.06 % increase; green up pointing triangle plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

Honda's sole V8 engine is its 4.9-liter BF350 outboard boat motor, which makes 350 horsepower and is meant for large boats like pontoon boats.

But judging by its size, it doesn’t look to be a very high-performance motor. It’s likely designed for small and lightweight electric boats and may come with a power rating in the 1-3 hp range.

TOKYO, April 26 (Reuters) - Japan's Honda Motor Co (7267.T), opens new tab said on Wednesday it had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co (TSMC ...