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Honda says it will double investment in EVs by 2030 to $65 billion
The company had previously allocated five trillion yen to EV tech by 2030.
Published on: May 16, 2024, 12:19:17 IST
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Japanese auto giant Honda said Thursday it will double investment in its electric vehicle strategy to $65 billion by 2030.
"Honda is planning to invest approximately 10 trillion yen in resources... through 2030, when the period of full-fledged popularisation of EVs is expected to start," a statement said. The company had previously allocated five trillion yen to EV tech by 2030.
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