Automotive

Honda Targets 30 EVs By 2030

2030 is starting to feel like a hyped-up OEM boxing match waiting to happen…
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Honda Targets 30 EVs By 2030

Honda said they plan to spend $64B on R&D over the next eight years. In addition to 30 EV models, the company hopes to reach the annual production of 2M EVs by 2030. 

A new age? CEO Toshihiro Mibe says this is not the end of their previous hybrid technology, adding, "We will develop our current hybrids and use them as a weapon in our business." The bulk of the investment will be in electrification and software.

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