Juniper Networks Gin Tasting ads 160x1200

Juniper Networks Gin Tasting ads 160x1200

Wednesday, 13 April 2022 08:32

Honda steps up plans for EVs, promises 30 models by 2030 Featured

Honda introduces its progress toward electrification and business transformation for the future during April 2022 media conference Honda introduces its progress toward electrification and business transformation for the future during April 2022 media conference Courtesy Honda

Honda Motor Company plans to launch 30 electric vehicle models by 2030, with more than two million units being produced monthly, the company has announced.

The company said on Tuesday it would budget eight trillion yen (about US$64 billion, A$85.8 billion) for R&D in the next 10 years, with five trillion yen of that set aside for electrification and software.

The announcements were made during a media briefing in Tokyo on Tuesday, addressed by Toshihiro Mibe, director, president and representative executive officer; Kohei Takeuchi, director, executive vice-president and representative executive officer; and Shinji Aoyama, senior managing executive officer.

The company also said it would build a demonstration line for production of all-solid-state batteries, investing 43 billion yen, and step up research to start production in spring 2024.

Honda said it would ensure stable procurement of liquid lithium-ion batteries by strengthening external partnerships as under:

North America: Honda will procure Ultium batteries from GM. Separately, aside from GM, Honda is exploring the possibility of creating a joint venture company for battery production.

China: Honda will further strengthen collaboration with CATL.

honda chart

Japan: Honda will procure batteries for mini-EVs from Envision AESC.

In the second half of this decade, the Japanese auto giant said would introduce products specifically aimed at each region:

North America: In 2024, Honda will introduce two mid- to large-size EV models currently being developed jointly with GM. (Honda brand: All-new Prologue SUV, Acura brand: an EV SUV model.)

China: Honda will introduce a total of 10 new EV models by 2027.

Japan: In early 2024, Honda will first introduce a commercial-use mini-EV model at the 1-million-yen price range. Then, Honda is planning to make the timely introduction of personal-use mini-EVs and EV SUVs.

But Honda also pledged to continue producing hybrid models. "By no means is this the end of hybrids and the replacement of all hybrids with EVs," Mibe said. "We will develop our current hybrids and use them as a weapon in our business."

Read 1409 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.

Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event



It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.


Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News