With EVs, Honda may be North America's most committed automaker, for the moment
Publishing timestamp: 2024-06-09 12:15:00
Summary
Legacy automakers are scaling back EV production goals as EV sales growth slows. Honda is ramping up its North American EV strategy with an $11 billion investment in a Canadian EV hub. The company aims to have 80% of its vehicle lineup be EVs by 2035 and 100% by 2040. Despite challenges in the EV market, Honda's brand trust among consumers could give it an advantage.
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Keywords: climate, alternative and sustainable energy, electric vehicles, suppress zephr, technology, business news, general motors co, business, autos,