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Ride Radar > Blog > Tips & Advice > ‘Our time has come’: Honda’s CEO on its bold EV future
Tips & Advice

‘Our time has come’: Honda’s CEO on its bold EV future

Last updated: November 11, 2024 10:49 pm
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Honda has announced its plan to develop a mobile power pack for electric motorbikes and mini-EVs, in line with its goal to be carbon-neutral by 2050. The company aims to introduce carbon-neutral technology not only to cars but also to motorcycles and power products. In China, Honda is set to become EV-only by 2035 and will launch 10 EVs, primarily tailored for the Chinese market, by 2027.

Despite facing challenges such as exchange rate fluctuations and a shift away from diesel, Honda remains strong in Japan and the US. The company’s focus now is on restoring its presence in the European market. While Honda no longer has manufacturing facilities in Europe, CEO Mibe assures that there will be no withdrawal from sales in the region.

The company’s latest 0 Series has been developed with Europe in mind, aiming to offer a car that can compete effectively in the European market. Although Honda is playing catch-up in the EV sector, the company has a history of innovation and game-changing developments.

Honda’s ability to adapt and innovate in challenging situations has been evident throughout its history, from not making cars to winning F1 grands prix in just two years. The company thrives when faced with innovation and challenges, making it a contender in the competitive EV market.

As Honda navigates the evolving automotive landscape, the company remains focused on creating cutting-edge technology and vehicles that can compete globally. With a strong legacy of innovation and a commitment to sustainability, Honda is poised to make a significant impact in the EV market and continue to shine in Europe in the future.

See also  Tesla Model 3 wait time gets shorter in China
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