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Honda ramps up R&D spending, particularly to advance its hybrid edge
TOKYO — Honda Motor Co said on Friday it would increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8% rise in operating profit for 2024/25.
Source: https://www.autoblog.com/2024/05/12/honda-ramps-up-rd-spending-particularly-to-advance-its-hybrid-edge/
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