Honda plans to become an all-electric brand by 2040

Honda plans to become an all-electric brand by 2040

April 24, 2021 0 By autotimesnews

The Japanese automaker has announced that it plans to produce only electric models by 2040. The company also aims to be completely carbon neutral by 2050.

The latest news from the Japanese automaker came at an inaugural press conference on April 23, with new global Honda CEO Toshihiro Mibe revealing the company’s plans. The point of the presentation is that by 2040, Honda vehicles will be 100% electric. We’ve heard that other automakers have similar goals. The timing of Honda’s plans to reach its new cars differs slightly from country to country, but all plans lead to the fact that in 19 years Honda cars will have only electric motors.

In the US, Honda clearly has a strategic partnership with General Motors, and plans to take full advantage of that relationship to develop batteries for the new Ultium platform.

In Japan, more emphasis will be placed on mobility and small urban vehicles such as the “Honda e” subcompact hatchback (pictured), not to mention the development of replaceable battery systems for motorcycles and scooters. Additional research and development of hydrogen fuel cell vehicles will also play a role in all areas.

When it comes to hydrogen, it’s an important component of another Honda goal and can be much more difficult to achieve. By 2050, the manufacturer plans to be carbon neutral, and not only with regard to its products. It is a corporate-wide initiative to reduce carbon dioxide emissions at all levels, from manufacturing to corporate functions.

Volvo recently came up with a similar initiative, but while the Swedish company did not offer a real plan for how to do it, Honda is at least betting on hydrogen as a possible solution to its plans. Honda is also exploring a wide range of zero-carbon fuels and improved recycling methods, and the company is committed to investing a staggering $ 46.3 billion over the next six years to try to address these issues. So yes, Honda seems to take very seriously backing its words with deeds.

Not too long ago, AutoTimesNews reported that Honda unveiled a new HR-V hybrid for Europe ahead of launch in late 2021. Honda has released more details on the new 2022 HR-V, which will be available in Europe exclusively with a hybrid drivetrain.