Honda is investing $40 billion over the next decade in research, especially to realize a major shift to ecological electric vehicles.
The Biden administration has released a federal strategy to build 500,000 charging stations for electric vehicles across the country and ultimately transform the U.S. auto industry.Honda is investing 5 trillion yen over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.
By 2027, also under its alliance with GM, Honda plans to offer an affordable electric vehicle that’s competitive with gas-powered models in performance and pricing. In China, where the move to electric vehicles is especially bullish, Honda is introducing 10 new EV models by 2027.
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