Honda's Strategic Shift Towards Electric and Fuel Cell Vehicles by 2030
Key Ideas
- Honda plans for EVs and FCEVs to represent 40% of its global output by 2030, with a focus on hybrids and a new e-AWD system.
- The automaker aims to adopt Tesla's mega-casting method for next-generation EV models, following the 'Thin, Light, and Wise' approach.
- Honda's long-term plan includes a shift to 100% EVs and FCEVs by 2040, emphasizing the importance of hybrid models in the transition period.
- The automaker will invest in EV technology, adopt a centralized vehicle operating system, and develop an electric all-wheel-drive system for future models.
Honda is making significant strategic shifts towards electric vehicles (EVs) and fuel cell electric vehicles (FCEVs) with the goal of having them represent 40% of its global output by 2030. The company plans to focus on hybrids in the coming years, including the introduction of a new electric all-wheel-drive (e-AWD) system. Honda intends to adopt Tesla's mega-casting method for its next generation of EV models, following a philosophy of 'Thin, Light, and Wise.' Despite the emphasis on EVs and FCEVs, hybrids will play a crucial role in Honda's future plans as the automaker remains dedicated to achieving 100% EV and FCEV sales by 2040. The strategy includes the development of a centralized vehicle operating system and the implementation of an innovative electric all-wheel-drive system. Honda's approach also involves focusing on the complete battery value chain and investing in EV technology. The company's vision for the future includes introducing the Honda 0 Series models, featuring a flagship Saloon model, by the second half of the 2020s. Honda's commitment to sustainability and innovation underscores its efforts to adapt to the evolving automotive industry landscape.