HNDAF - Honda Stays With Japanese Hydrogen Dreams; It Won't Likely End Well
2024-02-23 12:37:46 ET
Summary
- Honda looks increasingly flat-footed about transitioning to fully electric vehicles.
- Honda still seems to believe that in the end fuel cell hydrogen vehicles will dominate.
- Motorcycles are hugely important to Honda; there seems to be complacency about the risk of electrifying motorcycles.
- Honda is a fine company that has been successful in many global markets, but its plans to electrify seem to assume that rapid adoption of electric vehicles is still some way off.
- Honda has had a good year, but an uncertain future in transitioning to electric vehicles means caution for investors.
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Honda Stays With Japanese Hydrogen Dreams; It Won't Likely End Well