DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Australian Household Spending Dips in December as RBA Tightens Policy 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Japan’s Honda Motor Co. will stop producing the Clarity fuel-cell car in August this year as part of a broader push to trim underperforming models, thereby exiting the hydrogen fuel cell vehicle market.
Honda's exit leaves Toyota Motor Corp. with its Mirai and South Korea’s Hyundai Motor Co. with its NEXO as the main players in the global market for hydrogen fuel cell electric vehicles (FCEV).
Honda will also discontinue other poorly selling models, including the high-end Legend saloon and the Odyssey.
The Clarity, Legend, and Odyssey were all constructed at Honda’s Sayama plant, which is set to close at the end of March 2022, they said.
Honda, which formed a partnership with General Motors Co. to develop fuel cell vehicles in 2013, is now focusing on its upcoming electric models.
Nonetheless, the carmaker has not ruled out hydrogen technology in the future.
There were 14,640 units of the Toyota Mirai sedan, launched in 2014 and is the world’s first commercialized hydrogen fuel cell car, sold until April this year.
Hyundai sold 16,152 units until April of the NEXO, which came out in 2018.
As of the first quarter's end, the Mirai accounted for 49 percent of the global FCEV market, while the NEXO took 44.6 percent.
Hyundai Motor plans to triple its FCEV production V to around 17,000 units this year due to the growing interest in the vehicle at home and abroad.
The South Korean carmaker is increasing domestic production of the Nexo from 5,500 units to 15,000 units this year and boosting exports from 900 to 2,600 units.
Market researcher SNE Research noted that global sales of hydrogen fuel cell cars declined 11.3 percent to about 9,000 units in 2020 from the previous year.
