One of the steps that Honda revealed in 2022 regarding its future projections was to unveil its electrification steps and path to 2030 when the launch of 30 models worldwide by volume production will exceed 2 million units per year.
The project has already kicked off by acquiring lithium batteries in every region where it operates. In North America, it will have Ultium batteries from General Motors (GM).although the possibility of creating a joint venture for the production of energy carriers is not ruled out.
In China, the cooperation relationship with CATL will be strengthened, and in Japan, batteries for mini electric vehicles from Envision AESC will be purchased. On the other hand, the company is currently developing solid-state batteries, where it built a demonstration line and invested about 43 billion yen to launch it from 2024.
As for the electric vehicles themselves, by 2024 two models of medium and large series will be presented, which are produced in conjunction with General Motors. By 2027, China will have 10 electric vehicle models, while Japan will have a small commercial-use model priced at 1 million yen in 2024 to accommodate mini-EV and SUV models for personal use later.
By 2026, Honda will use an electric vehicle platform that combines high-tech hardware and software called Honda e:Architecture. In 2027, the Asian manufacturer plans to bring affordable electric models to market with range and price, the company says, that could be as competitive as gasoline-powered cars in North America.
China plans to locate two electrified car factories in Guangzhou and Wuhan, and they also plan “specialized production” in North America. In addition, two sports models and one flagship model are part of Honda’s plans to become carbon neutral.
Finally, to achieve all this, an investment of about 5 trillion yen will be allocated to the field of electrification and technology, and the total research costs will be borne separately at 8 trillion yen.
Source: La Opinion
Ray Bly is an accomplished journalist in the field of Automobile. He currently works as a writer at 24 news breaker. With a deep understanding of the Automotive industry and a talent for uncovering the latest developments, Ray’s writing provides readers with insightful and informative coverage of the latest news and trends in the field.