Honda plans to invest $40 billion in electric vehicles

Automaker Honda has announced it will spend 5 trillion yen, or about $40 billion, on electrification efforts over the next decade, according to an engadged report.

Honda of the Year in its announcement, Honda of the Year, announced that it will sell its car-to-cars and fuel cell motorcycles in 2040.

To make the phasing out of the cars that must be phased out, you must launch a large group of cars that have been resumed.

In a live briefing, the company also said it plans to launch 30 EV models by 2030 with a production volume of 2 million vehicles annually, and the goal is for electric vehicles to make up 40% of its fleet by the end of the decade.

And as TechCrunch reports, Honda plans to get the ball rolling in Japan, in North America that same year.

And in the April series, two companies announced to partner Honda and General Motors in a series of electric vehicle series related to each other.

Plans plans plans plans plans plans plans plans plans plans plans plans plans plans plans plans with you electromagnet 2024.

Honda CEO Toshihiro Mibe also emphasized that you should give it a try in the past.

Mibe said Honda will launch 10 new models in China under its brand: N Series in 2027, and the company will also build factories in Guagzhou and Wuhan to manufacture its electric cars for the country.