Expanding the Adoption of Electrified and Zero-Emission Vehicles

「開発・生産リソースをハイブリッド車に重点的に配分するとともに、ハイブリッドシステムとプラットフォームを刷新した次世代ハイブリッドモデルを 2029 年度までにグローバルで 15 モデル投入する計画を発表しています。」

「The company has decided to reallocate development and production resources so that, for the time being, it can address environmental objectives with high-demand hybrid vehicles as the main focus.」

「Slower growth in the North American and European EV markets has affected the company and some consolidated subsidiaries, including lower EV sales volumes and higher sales incentives than initially expected. In addition, policy changes in the United States, including tariffs, the elimination of tax incentives for EV purchases and relaxed emissions regulations, are expected to further slow growth in the US EV market. In light of the market slowdown, the company expects its EV sales ratio in 2030 to be 20%, down from its previous target of 30%.」

「Although the company has revised its initial target of a 30% global EV/FCEV (fuel-cell vehicle) sales ratio in 2030, it will continue steadily building a strong EV brand and business base toward its target of a 100% EV and FCEV sales ratio in 2040. It will also strengthen its hybrid vehicle lineup as a powertrain for the transition period until EVs become widespread.」

「As a medium- to long-term target for its four-wheel business, the company aims to establish global EV production capacity of more than 2 million vehicles annually by 2030 and achieve a 100% global sales ratio for EVs and FCEVs by 2040.」

「To further strengthen and accelerate the electrification business, we established the Electrification Business Development Division based on the Business Development Division launched in April 2022 to strengthen the electrification business. This division consolidates business strategy functions related to the four-wheel business, EV product development functions, and strategy and development functions for electrification in the motorcycle and power products businesses, with the aim of achieving “further acceleration of the electrification business” and “new value creation” through the expansion of mobility.」

「To further strengthen and accelerate the electrification business, we established the Electrification Business Development Division based on the Business Development Division launched in April 2022 to strengthen the electrification business. This division consolidates business strategy functions related to the four-wheel business, EV product development functions, and strategy and development functions for electrification in the motorcycle and power products businesses, with the aim of achieving “further acceleration of the electrification business” and “new value creation” through the expansion of mobility.」

「To achieve carbon neutrality in the four-wheel business, the company aims for EV and FCV sales to account for 40% in developed countries overall by 2030, 80% by 2035, and 100% globally by 2040.」

「In the four-wheel business, the company aims to launch products tailored to the market characteristics of each region, including North America, China and Japan, its main markets, from now through the latter half of the 2020s. In North America, it will first launch an EV being jointly developed with a partner. In China, it will respond swiftly through local development, making use of the market's characteristics as an advanced EV market where EV adoption is ahead of other regions. In Japan, it will launch commercial kei EVs and promote EV adoption beginning with professional use. … For batteries, the company is developing all-solid-state batteries in-house and has decided to build a demonstration line to secure advantages in performance at mass-production scale, cost and safety.」

「July 2021 Person responsible for electrification (current) October 2021 Executive Managing Officer responsible for electrification (current)」

「For electrification, the company will actively expand EVs (electric vehicles) and FCVs (fuel-cell vehicles), drawing on the electrification technologies it has developed to date. To this end, it will address changes in vehicle manufacturing across the entire value chain. In particular, it is developing all-solid-state batteries in-house and will begin verifying production technologies on a demonstration line from fiscal 2021.」

「In December 2019, the company announced the BENLY e: series of electric motorcycles for business use. … Use in postal delivery operations began on 17 January 2020.」

「As a key achievement, the company began leasing the PCX ELECTRIC, announced at the 2017 Tokyo Motor Show, in November 2018. … It has a range of 41 km per charge. … In September 2018, the company launched the PCX HYBRID, the world's first mass-produced motorcycle to use a hybrid system.」

「Through the CLARITY series, Honda is advancing electrification to achieve its goal for 2030 of replacing two-thirds of sales in its four-wheel product lineup with hybrids and electrified vehicles such as FCVs and battery EVs.」

「To lead the realisation of a carbon-free society, the company will first actively pursue cleaner exhaust emissions, improved fuel economy and improved recyclability across all product categories, while further advancing zero-emission technologies and electrification.」

「The company will continue developing production technologies for the wider adoption of electrification technologies and deploying them globally.」

「The company will continue developing production technologies for the wider adoption of electrification technologies and deploying them globally.」

「The company has designated plug-in hybrids as the core of future electrification and is developing them for launch. It is also developing zero-emission vehicles, including fuel-cell vehicles and battery EVs, to expand their adoption.」