Honda plots $65 billion investment to build seven new EVs as it looks for a comeback
Baua Electric
MAY 16, 2024
Honda is done standing by while rivals like Tesla and BYD steal market share. To stay competitive, Honda is doubling its investment in EVs to $65 billion (10 trillion yen) through 2030. The plans include slashing costs and launching seven new electric models. Honda’s new 0 series is expected to play a key role.
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