Honda’s $40B Electrification Plan Includes Electric NSX Successor
Honda has outlined an ambitious electrification plan that has it committing to the introduction of 30 new all-electric models. The company also set three more goals:
1) hitting two million EVs sold annually by 2030;
2) ending combustion-engine vehicle sales globally by 2040;
3) and achieving carbon neutrality by 2050.
The company is committing the equivalent of $40 billion USD to the project, which will go, Honda says, to “electrification and software technologies.”
The automaker made the point that to reach its goal, it will follow “a multi-faceted and multi-dimensional approach, not a mere replacing of engines with batteries,” as reported by Autocar.
The company will also invest in developing hydrogen powertrains and battery-swapping hardware to help facilitate the phasing out of gasoline-engine powertrains over the next 10 years.
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