Honda plans push towards electric vehicles with 30 models by 2030
Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.
- Economy
- Agencies and A News
- Published Date: 10:50 | 12 April 2022
- Modified Date: 10:51 | 12 April 2022
Japanese car company Honda plan to roll out 30 electric vehicle models by 2030.
The company plans to produce more than 2 million of the cars each year, it announced Tuesday.
Honda will budget about 8 trillion yen (64 billion dollars) for research and development over the next 10 years. About 5 trillion yen of that will go towards research and development in the areas of electrification and software.
It will spend some 43 billion yen on a demonstration line for the production of solid-state batteries, with the aim of starting that in 2024.
The company plans to produce more than 2 million of the cars each year, it announced Tuesday.
Honda will budget about 8 trillion yen (64 billion dollars) for research and development over the next 10 years. About 5 trillion yen of that will go towards research and development in the areas of electrification and software.
It will spend some 43 billion yen on a demonstration line for the production of solid-state batteries, with the aim of starting that in 2024.
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