IIRC it's not the first time that Honda quits its Formula 1 program, but this time I wouldn't hold my breath for an eventual comeback.
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Originally Posted by redpoint5
I've been wondering when Honda and Toyota would seriously jump into the EV ring.
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Toyota usually has such a conservative approach that it actually becomes surprising they released a high-volume production hybrid earlier than other Japanese automakers.
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BEV is a good long term goal (20 years). PHEV makes the most sense at the moment in every metric (environmental, economic, utility, etc).
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About 8 years ago, when I joined EcoModder and the Prius was officially released in my country, I wouldn't believe if someone told me I would see so many hybrids on a regular basis, including PHEVs.