Honda aiming for 100% electric vehicles by 2040

Japanese car giant Honda said Friday it would aim to have electric and fuel cell vehicles account for 100 percent of all sales by 2040 to promote climate goals.

The automaker's newly appointed CEO Toshihiro Mibe described the target as "challenging" but said the firm wanted to "set high goals".

Honda has said it wants the ratio of electric vehicles and fuel cell electric vehicles sold in major markets to hit 40 percent by 2030 and 80 percent by 2035, before hitting 100 percent globally by 2040.

It has unveiled 5 trillion yen ($46 billion) in investments in its R&D to reach the goals.

The announcement comes a day after Prime Minister Yoshihide Suga said Japan would aim to cut emissions 46 percent by 2030, significantly more than previously pledged.

The new target revised a previous goal of cutting emissions 26 percent from 2013 levels by 2030.

The pledge came with international focus on climate change as US President Joe Biden hosts a summit to encourage stronger action on warming and faster moves towards carbon neutrality.

Related Links
Car Technology at SpaceMart.com

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

Tesla hits China speed bump with blowback over safety, service
Beijing (AFP) April 22, 2021
Electric carmaker Tesla has hit a speed bump in China with questions being raised over safety and service just as local competitors gear up to challenge the US-based company in the huge Chinese market. Tesla's road in China had seemed paved with gold after founder Elon Musk was granted rare permission to build a wholly-owned factory in Shanghai that has allowed it to accelerate to the head of the pack in China's electric vehicle (EV) market. But a Tesla customer's protest at the Shanghai Auto Sh ... read more