Honda presents its progress towards electrification and transforming the business for the future at a press conference on April 11, 2022.
Photo: Honda
Honda executives outlined an ambitious electrification plan on April 11 that commits nearly $40 billion over the next 10 years to EV-related software technologies that accelerate its conversion to more EVs, including spending R&D and other investments.
Honda plans to launch 30 electric vehicle models globally by 2030 with a production volume of more than two million units per year, according to a press release summarizing the streaming presentation by top executives in Tokyo . It will build a demonstration line for the production of all-solid-state batteries with an investment of around $342 million and further accelerate research with the aim of starting demonstration production in spring 2024.
As a major power unit manufacturer with annual sales of approximately 30 million units of mobility products, including automobiles, motorcycles, power products, outboard motors and aircraft, Honda aims to achieve carbon neutrality for all of its products and corporate activities by 2050, striving to eliminate carbon emissions from energy sources from a wide variety of products. This includes the use of interchangeable and hydrogen batteries as well as the electrification of automobiles.
In North America, Honda will launch two mid- to large-size electric vehicle models jointly developed with GM by 2024. This is the all new Prologue SUV and an Acura EV SUV model.
In 2026, Honda will start adopting Honda e:Architecture, an EV platform that combines the hardware and software platform. Through the alliance with GM, Honda plans to introduce affordable electric vehicles in 2027, with cost and range that will be as competitive as gasoline-powered vehicles, starting in North America.
Originally posted on Charged Fleet
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