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Saturday, 04/24/2021 11:25:31 AM

Saturday, April 24, 2021 11:25:31 AM

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Honda aims for 100% electric vehicles by 2040, CEO says:

https://www.foxbusiness.com/energy/honda-electric-vehicles-2040

Honda Motor Co is aiming to increase its ratio of electric vehicles (EVs) and fuel cell vehicles (FCVs) to 100% of all sales by 2040, chief executive Toshihiro Mibe said on Friday.

Mibe said Honda will invest a total of about 5 trillion yen ($46.3 billion) in research and development initiatives, including electrification, over the next six years, regardless of sales revenue fluctuations.


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