Honda Motor Plans to Produce 2 Million EVs Annually by 2030
12 April 2022 - 4:25AM
Dow Jones News
By Kosaku Narioka
Honda Motor Co. said Tuesday that it plans to produce 2 million
electric vehicles annually by 2030 as part of its bid to cut carbon
emissions.
The Japanese auto maker said it aims to introduce 30 models
globally by 2030.
Honda plans to use lithium-ion batteries from General Motors
Co., Contemporary Amperex Technology Co. and Envision AESC for the
time being.
Honda said it aims to use the solid-state battery it is
developing for models to be sold in the late 2020s.
The company targets spending 8 trillion yen ($63.86 billion) for
research and development over the next 10 years.
Honda and Sony Group Corp. had said in March that they intend to
jointly develop and sell electric vehicles. They said they aimed to
begin selling the EVs in 2025.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
April 11, 2022 22:10 ET (02:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Honda Motor (NYSE:HMC)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Honda Motor (NYSE:HMC)
Historical Stock Chart
Von Apr 2023 bis Apr 2024