In the wake of government announcements by Prime Minister Yoshihide Suga, that Japan will aim to cut emissions by 46% by 2030, Honda officials announced that their goal will to be an entirely EV automaker by 2040.

Honda plans to invest over 46 billion in R&D initiatives over the next 6 years, regardless of fluctuations in sales.

Honda and GM will introduce two jointly-developed, large platform EVs using GM’s Ultium batteries in 2024.  Honda also plans to include driver-assistance systems in all of its models, in major markets by 2030.