Honda plans to spend $64-billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.
plans to spend US$64-billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.
Honda and other Japanese car makers have long said that even as they go electric, they won’t give up on older, hybrid technology. Proponents of hybrids point to the many markets — especially some emerging markets — where infrastructure to support battery electric vehicles will be a long time coming.
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