Japanese manufacturer details a bold $60bn development drive; will launch new EV platform this decade
Honda will end production of combustion motors by 2040 as it embarks on a wide-reaching drive to achieve total carbon neutrality by 2050, and to advance the development of its zero-emission powertrain solutions.
Company president Toshihiro Mibe detailed a series of ambitious objectives at a press conference in Japan earlier today, where he solidified the brand’s commitment to leading “advancements which will be made in the areas of mobility, the power unit, energy and robotics”.
By 2050, Honda aims to achieve carbon neutrality across “all products and corporate activities”, which will see it shift focus predominantly to developing environmentally powertrains and overhauling its supply chain to ensure products are “made from 100% sustainable materials”.
The brand had already confirmed it would offer exclusively electrified passenger cars in Europe by the end of 2022, but is now solidifying its global electrification strategy for the coming years. By 2030, Honda plans for 40% of its sales to be pure-electric or fuel cell vehicles, rising to 80% by 2035 and 100% by 2040.
Specific goals for the European market have yet to be fully detailed, but a strategic partnership with General Motors will accelerate electrification efforts in North America, while a total of ten new Honda-badged EVs will be launched in the Chinese market “within five years” – the first of which will be the production version of the e:prototype shown at Shanghai last week.
Honda has also confirmed that in the second half of the decade it will launch a range of EVs atop its new ‘e:Architecture’ platform. The models will arrive in America first, before being rolled out to other regions, likely including Europe.
The Cruise Origin self-driving EV being jointly developed by Honda and GM will begin testing later this year, and is destined to arrive on the Japanese market in the mid-2020s, while the partnership will also help Honda to expand its FCEV line-up.
To “secure the high competitiveness” of its next-generation electric vehicles, Honda is also conducting research into the viability of solid-state batteries – which offer increased capacity over conventional lithium ion units – and plans for the technology to arrive in production vehicles in the second half of the 2020s.
Also outlined in the press conference was a goal to eradicate fatal collisions involving Honda motorcycles and cars by 2050. In line with that, Honda vowed to include ‘omnidirectional ADAS’ systems to all models launched in “developed countries” by 2030, and to enhance the intelligence of its advanced driver aids.
Overall, the manufacturer will invest the equivalent of $60 billion in research and development over the next six years – and has pledged to take “necessary measures, including alliances” as quickly as possible.