Honda to launch 30 EV models by 2030

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Honda to launch 30 EV models by 2030

By Alexandra Leonards

12/4/2022

Honda has announced it is planning to launch 30 electric vehicle (EV) models globally by 2030.

The company said that it will have a production volume of two million units every year.

Over the next decade, the multinational manufacturer is allocating around five trillion yen to electrification and software technologies.

Honda says overall R&D expenses budgeted for this period will be eight trillion yen.

Honda will also be building a demonstration line for the production of its all-solid-state batteries with an investment of approximately 43 billion yen and further accelerate the research with a goal to start demonstration production in Spring 2024.

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