Honda targeting 100% electric vehicles by 2040
24 April, 2021
Japanese car giant Honda said Friday it could try to have electric and fuel cell vehicles take into account 100 percent of most sales by 2040 to market climate goals.
The automaker's newly appointed CEO Toshihiro Mibe described the prospective as "challenging" but said the firm wished to "set high goals".
Honda has said it wants the ratio of electric vehicles and fuel cell electric vehicles sold in major markets to hit 40 percent by 2030 and 80 percent by 2035, before hitting 100 percent globally by 2040.
It has unveiled 5 trillion yen ($46 billion) in investments in its R&D to reach the goals.
The announcement comes a day after Prime Minister Yoshihide Suga said Japan would try to cut emissions 46 percent by 2030, significantly a lot more than previously pledged.
The new target revised a previous goal of cutting emissions 26 percent from 2013 levels by 2030.
The pledge came with international give attention to climate change as U.S. President Joe Biden hosts a summit to inspire stronger action on warming and faster moves towards carbon neutrality.
Source: japantoday.com