Honda Motor
Company Ltd. is a Japanese public multination company manufacturer of
automobiles, motorcycles, jet, aero-engine, and power equipment. On 19th April 2021, Honda exhibited
the world premiere of the Honda SUV e: prototype. It was the First Honda brand electric
vehicle (EVs) model in China.
Toshihiro Mibe, the company's new CEO, announced that Honda will
commit to selling only battery electric vehicles and hydrogen fuel cell
vehicles by 2040. The company will gradually
phase out gasoline engines, in the next two decades gasoline engine vehicles will
result to gradually disappears. For this,
Honda is making some moves to more electric vehicles around
the world.
Honda's new CEO Toshihiro Mibe said "Honda will work
comprehensively to address challenges in the areas of the environment and
safety. At the same time, for the future, Honda will strive to lead
advancements which will be made in the areas of mobility, the power unit,
energy and robotics."
The Japanese
carmaker Honda will be providing a strategic backup to achieve the target. Honda
is trying to increase the manufacturing ratio of battery-electric vehicles (EVs)
and Fuel cell vehicles (FCVs) in all major markets to 40% of its new vehicle
sales by 2030, to 80% by 2035, and 100% by
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