Honda

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Honda is striving to be a company which serves as a source of "power" that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize "the joy and freedom of mobility" by seeking a "zero environmental footprint."

Over the next 10 years, Honda will allocate approximately 5 trillion yen in the area of electrification and software technologies to further accelerate its electrification.

Honda is planning to launch 30 EV models globally by 2030 with production volume of more than 2 million units annually.

As the world's largest power unit manufacturer with annual sales of approximately 30 million units of mobility products including motorcycles, automobiles, power products, outboard motors and aircraft, we aim to realize carbon neutrality for all products and corporate activities Honda is involved in by 2050, striving to eliminate carbon emissions from power sources of a wide variety of products. To this end, Honda believes that a multifaceted and multidimensional approach is needed, not a mere replacing of engines with batteries.

Including the utilization of swappable batteries and hydrogen as well as electrification of automobiles, Honda will offer a variety of solutions for all of its mobility products according to how its customers use the products in various countries and regions.

Furthermore, with the connected platform, which connects all these elements, Honda will enhance the convenience and efficiency of society as a whole.

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Specific plans for the market introduction of EV models are as follows:

From now through the second half of the 2020s

Honda will introduce products tailored to the market characteristics of each region.

North America: In 2024, Honda will introduce two mid- to large-size EV models currently being developed jointly with GM. (Honda brand: All-new Prologue SUV, Acura brand: an EV SUV model.)

China: Honda will introduce a total of 10 new EV models by 2027.

Japan: In early 2024, Honda will first introduce a commercial-use mini-EV model at the 1-million-yen price range. Then, Honda is planning to make the timely introduction of personal-use mini-EVs and EV SUVs.

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After the second half of the 2020s

Assuming it will become the time of the popularization of EVs, Honda will begin introducing the best EVs from a global perspective.

In 2026, Honda will begin adopting Honda e: Architecture, an EV platform that combines the hardware platform and software platform.

Through the alliance with GM, Honda is planning to introduce affordable EVs in 2027, with a cost and range that will be as competitive as gasoline-powered vehicles, starting from North America.

Through these initiatives Honda is planning to launch 30 EV models globally by 2030, with a full line-up from commercial-use mini-EVs to flagship-class models, and Honda is planning for production volume of more than 2 million units annually.

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EV Production

As for EV production operations, in China, Honda is planning to build a dedicated EV plant in Guangzhou as well as Wuhan.

Honda is planning for a dedicated EV production line also in North America.

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