TOKYO: Honda Motor Co. plans to spend 5 trillion yen on its push into electric vehicles over the next decade, as the Japanese automaker with the most aggressive EV moves to back its bold advance into next-generation cars with concrete plans.
Honda declared in June of last year it would phase out sales of gasoline-powered cars completely by 2040, becoming Japan’s first automaker to publicly say so. Another Mibe push has been around changing Honda’s long-standing go-it-alone strategy when it comes to developing and selling EVs. Mibe hinted at as much in his first briefing after being promoted to the top role in February last year, saying as Honda pivots toward EVs, “time is of the essence and I would opt to use alliances and external insight to accelerate our shift.”
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Source: staronline - 🏆 4. / 75 Read more »
Malaysia ready to bring EV manufacturing into Asean market, says Dr WeePETALING JAYA: Malaysia is ready to cooperate with the electric vehicles (EV) industry through manufacturing, assembly as well as research and development, says Datuk Seri Dr Wee Ka Siong. mfg door cards, headliners, dashboards, volume knobs and brake pads sure. Very weird .. transport minister didnt even comment abt the recent MH flight from KL to Tawau but in valves in Investment. Confused portfolio No bamboo flying cars ?
Source: staronline - 🏆 4. / 75 Read more »