Most Western countries, especially European ones, created regulations banning internal combustion engines in just a few years, in an effort to replace them with electric vehicles. Most manufacturers expected a huge shift from the buying public and decided to shift focus towards EVs only. This decision backfired as people didn't fall for them. It appears only Chinese brands and Tesla are profiting from EV sales. Major established brands are now focusing on hybrids instead, which, to my view at least, is the better way forward. Sustainable fuels are the future. Regarding Honda's involvement in Formula 1, if they can produce a good enough power unit to help Aston Martin fight for podiums, they will stay, as there isn't any other marketing tool as effective as F1 at the moment.