Honda Japan "Only Electric and Fuel Cell Vehicles Sold After 2040"
[Asia Economy Reporter Kim Hyemin] Japanese automaker Honda has announced plans to produce only 'non-gasoline' vehicles after 2040.
According to the Asahi Shimbun on the 24th, Honda presented this goal as a long-term management strategy to reduce greenhouse gas emissions.
Honda announced that from 2040 onwards, it will offer only electric vehicles (EVs) and fuel cell vehicles (FCVs) in the global market. It will not sell pure gasoline vehicles or hybrids (HVs).
Honda is reportedly the first among major Japanese automakers to declare a full transition to 'non-gasoline' vehicles.
To achieve this, Honda plans to start selling compact EVs in Japan in 2024, increase the share of EVs and FCVs to 20% by 2030, and fill the remaining 80% with HVs.
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In major markets such as the United States, Europe, and China, Honda aims to raise the sales ratio of EVs and FCVs to 40% by 2030 and 80% by 2035. Last year, Honda's global sales reached 4.45 million units, with EVs and FCVs accounting for less than 1%.
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