#honda #hondazero #ev #hybrid #hev #crv #accord #hondapilot #civic #afeela #acura

Honda just revealed plans for its upcoming product #roadmap including new EVs and technology. #hybrids are also getting a big improvement soon!

Approach to electrification targets:
Honda has not changed its belief that EVs are the most effective solution in the area of small mobility products such as motorcycles and automobiles, and Honda's electrification target to make EVs and FCEVs represent 100% of its global vehicle sales by 2040 remains unchanged. Honda must look ahead to the period of EV popularization and build a strong EV brand and a strong EV business foundation from a medium to longterm perspective.
Structural reform of procurement and production operations:
Through the establishment of a verticallyintegrated EV value chain with a central focus on batteries, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the cost of current batteries.
Honda will establish a competitive business structure with an aim to reduce overall production cost by approximately 35%. Honda already has a positive outlook to secure enough batteries for the planned production of approximately 2 million EVs per year.
EV lineup strategy:
For the Honda 0 Series, a global EV series which will be the flagship series of Honda EVs, a total of seven models will be launched globally by 2030 including various models ranging from small to large size. As a part of electrification with the use of Honda Mobile Power Pack e: (MPP), Honda will introduce a micromobility product which will be equipped with 4 MPPs in Japan before the end of FY2026, enhancing the applications of MPPs.
Financial strategy:
Honda is planning to invest approximately 10 trillion yen in resources over the 10year period through 2030, when the period of fullfledged popularization of EVs is expected to start. Honda will pursue both bold investments for future growth and shareholder returns.

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