Honda to invest $40 billion in EVs and $340 million in solid-state batteries, but will rely on hybrids well into 2030s
April 12, 2022
Honda CEO Toshihiro Mibe has truly begun to wake up and smell the EV coffee lately, making several big announcements in 2022 that pertain to expanded electrification. In its latest news, Honda plans to invest about $40 billion over the next decade to deliver 30 BEVs around the globe. Despite this effort and additional funds allocated toward solid-state battery development, Honda is still very much…