Friday, May 20, 2022

Honda planning release 30 EV models by 2030

According to the Japanese company, Honda wants to bring 30 electric models onto the market worldwide by 2030 and achieve a sales volume of more than two million electric cars per year with these in the same year.

As the carmaker announced following a briefing “on the business of automotive electrification”, the company will invest around five trillion yen (around $40 billion) in the areas of electrification and software technologies over the next ten years.

Honda wants to reshape its portfolio in such a way that the focus will shift from the one-off hardware sales business to the recurring business. In other words, Honda wants to continue to earn money with the software over the usable life of the (electric) car.

The Japanese carmaker is planning to build plants for electric cars in China, specifically in Guangzhou and Wuhan – the plans for Wuhan were announced in January. Up to 120,000 electric cars per year are to be built there with partner Dongfeng from 2024. For the Chinese market, Honda announces in the strategy update that it will further strengthen its cooperation with CATL.

In addition to cell plans with partners, Honda is also pushing ahead with its own battery developments: Honda will also build a demonstration line for the production of solid-state batteries, which is scheduled to go into operation in spring 2024.

Honda plans to adapt next-generation batteries to vehicle models coming onto the market in the second half of the decade, according to the statement. These are then likely to include vehicles on the pure EV platform e:Architecture, which is to be used for the first time in 2026.

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Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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