Honda is reportedly delaying five next-generation models for multiple years because it lost so much money on EVs (-$15.7B). These vehicle redesigns have been delayed: • Honda Odyssey (current design came out in 2017): Delayed to 2030 • Honda Accord: Delayed to 2030 • Honda HR-V: Delayed to 2032 • Acura MDX: Delayed to 2031 • Acura Integra: Delayed to 2032 Honda reportedly weighed cutting the Odyssey from its lineup for a brief period until the new hybridized model arrived, but decided against it to prevent customers from migrating to other brands. Honda is cancelling the Prologue EV in the US at the end of this year, just two years after it was introduced, which means that starting in January 2027, Honda will no longer have any new EVs for sale in its lineup in America. The company also recently announced that it is exiting the South Korean car business after 23 years because it can't figure out how to compete there. Tough times for Honda.

WATCH: Honda Motor posted its first annual loss in nearly 70 years as a listed company, hit by more than $9 billion in costs to restructure its electric-vehicle business, and the firm scrapped its long-term EV sales target