Honda Plans To Have 100% Electric Car Fleet By 2040

Honda announced plans to make 100% of global sales of electric vehicles by 2040. The information was revealed Friday (23) during the first press conference of the new CEO of the Japanese automaker, Toshihiro Mibe.

According to the director, the company predicts that electric vehicles will represent 40% of consumption in 2030 and 80% in 2035. The target includes activities in the main automotive markets, including North America and China.

Hondas The electrification plan is unveiled days after Prime Minister Yoshihide Suga promises Japan will cut 46% of its carbon emissions by 2030. In addition, the Japanese government plans to go further and look for ways to double the target.

At the recent press conference, Toshihiro stated that the automaker is committed to the government’s sustainable goal. He also believes it is an obligation for brands to contribute to the development of an emission-free country.

“While the goal is extremely difficult, I think it is achievable for Japan to become a carbon neutral country by 2050,” said the executive.

In order to achieve the goal, Honda will invest approximately 5 trillion yen – approximately R $ 255 billion – in electrification research and development initiatives. This will happen over the next six years regardless of fluctuations in sales revenues.

Important detail of the Honda projections

Despite the announcement of the strategy to have a 100% electric fleet, Hondas projections convey important information. In this case, the automaker revealed that it will include hybrid cars in its target by 2040.

According to Mibe, converting conventional cars to hybrids is a “realistic solution” for the domestic market. On the other hand, the position is at odds with the commitment to the Japanese government.

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