- New Honda CEO uses the BEV word, aiming globally for 40% (2030), 80% (2035), and 100% (2040) of its vehicles BEV or fuel cell (FCV).
- Partnerships with GM, CATL on BEVs, but Honda still hedging on hybrids in Japan with just 20% BEV + FCV by 2030, but 100% “electrified” vehicles by 2030 (80% hybrids?).
- Japan clings to hybrids and Toyota still hopes that hybrids can be defined as electric cars.
- Toyota spending $803 million to upgrade US plant to make 2 “electrified” SUVs (presumably hybrids?).
- As the rest of the world moves to adopt BEVs, Japanese manufacturers Honda and Toyota remain hopeful that they can still make hybrids (at least in Japan) despite global ICE bans; investors be cautious.
For further details see:
New Honda CEO Talks BEVs Globally But Hedges On Hybrids In Japan