Climate love
Image of Honda

Honda

Climate love

Honda to Invest $65 Billion Over 10 Years to Bolster EV Push

Honda Motor Co. will invest 10 trillion yen ($65 billion) on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds that are stifling purchases.
The spending, which will run through fiscal 2031, will cover areas including software, research and development, and establishing supply chains in key markets like the US, Canada and Japan, the company said Thursday in its business plan update. The carmaker maintained its goal of battery and fuel-cell EVs accounting for 100% of global sales by 2040.
Source: Bloomberg

Do you agree?

35 more agrees trigger contact with the recipient

  • Rukia Ahmed Abdi

    1 w

    I trust that Honda will keep this pledge alive. Let it not be another empty pledge in the phase of harsh realities of climate change

    1
    • Joseph Githinji

      1 w

      @rukia_ahmed_abdi Honda should be commited to ensure this come to pass.

    • George Kariuki

      1 w

      Glad to see a major automaker committing to an electric future. Now if only other car companies would follow suit...

      2
      • Joseph Githinji

        1 w

        @george_kariuki It is a great example for other manufacturers to follow, lets make the environment green.

      • walter lungayi

        1 w

        This commitment underscores the automaker's determination to stay competitive and meet the growing consumer demand for eco-friendly transportation solutions.

        3
        • Joseph Githinji

          1 w

          @walter_lungayi Happy to see automakers embrace climate action for a sustainable future.

        • Annett Michuki..

          1 w

          this move by Honda is impressive

          2
          • Rukia Ahmed Abdi

            1 w

            @annett_michuki if at all they fulfill the pledge

            1
          • Jane Wangui

            1 w

            Clean energy is the way to go.. investing in electric vehicles will cut the amount of Emissions by a huge percentage...good job.

            4
            • Elizabeth Gathigia

              1 w

              The kind of investment that is needed to save our planet, commendable initiative by Honda

              7
              • Joseph Githinji

                1 w

                This is a noble investment that means so much good for our environment, @Honda are setting an exemplary example for other manufacturers to follow in terms of setting sustainability goals.

                7
                • Rukia Ahmed Abdi

                  1 w

                  @joseph_githinji True, other manufacturers need to borrow a leaf

                  1
                Welcome, let's solve the climate crisis together
                Post youtube preview with preloading
                youtube overlay

                Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

                Write a climate review

                Voice your opinion on how businesses and organizations impact the climate.
                0 trees planted

                One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.

                Download the app

                We plant a tree for every new user.

                AppleAndroid