Honda’s Electric Move

Honda said it wants electrified vehicles to account for two-thirds of its global sales by 2030.  Honda plans to focus on hybrids (and perhaps plug-in hybrids) on electric vehicles over the next decade.

Takahiro Hachigo, CEO of Honda, said, “I don’t think there will be a dramatic increase in demand for battery-powered vehicles, and I believe this is true globally.”

Hachigo noted the importance of research and development, and to meet the regulations of various countries and regions, but added that he does not believe that electric cars will be in major production anytime soon.

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