Honda will stretch out the lifespan of some of its current models as the Japanese auto brand seeks to claw back money it has lost due to its failed electric vehicle (EV) push in the US.

The company is writing off US$15.8 billion (A$22bn) after cancelling five EVs in March. First, Honda pulled the plug on the 0 Saloon, the 0 SUV, and the Acura RSX, and then a week later it nixed the Afeela sedan and SUV it was jointly developing with Sony.

All five EVs were to be made at the company’s factory in Marysville, Ohio. Production of the 0 SUV was due to start by the middle of 2026, while the 0 Saloon, RSX and Afeela sedan were set to roll down the production line by the end of the year.

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For now, Honda has scaled back its EV plans to a smattering of kei cars, including the Super-One hatch that’s been confirmed for Australia, a few models for the Chinese market, and the upcoming 0 Alpha, which will be built in India and possibly sold in Australia.

When announcing the cancellations, Honda said it would focus its energies on hybrid technology, and the US and Asian markets.

To help balance out the red ink on its ledger, the company is also adjusting product plans. A memo sent to US dealers and seen by Automotive News says Honda will delay replacements for the current Accord, the North American Odyssey, and the North America HR-V (which is sold in Australia and the rest of the world as the ZR-V), as well as the Acura Integra and MDX.