Honda Corporation will produce only electric vehicles by 2040. Reports about it Bloomberg. The company will invest five trillion yen ($ 46 billion) over the next six years.
Currently, the sales of Honda electric vehicles in Japan are less than a total of total. The company wants to increase the share of ecological cars up to 40 percent in North America and China by 2030, and by 2035 – up to 80 percent. In Japan, Honda intends to bring this figure to 20 percent to 2030 and up to 80 percent to 2035. Due to this, the company wants to increase profits for seven percent.
Earlier, Ford promised that by 2030 it would sell only electric vehicles in Europe. The automaker invests a billion dollars in the construction of the plant in Germany. Jaguar Land Rover is also going to completely go to electric motors by 2039. In February, Mercedes-Benz announced its intention to make a bet on the production of electric vehicles.
There are similar plans for Porsche. It is planned that by 2025, electric cars will be up to 50 percent of the company’s sales, by 2030 – up to 80 percent.