Honda reportedly said they might keep selling internal combustion engines until 2040.
Honda CEO Toshihiro Mibe recently said that the business is doing feasibility studies on emerging technologies. Internal combustion engines are reportedly one of the alternative power sources Honda is investigating for automobiles. Low-carbon synthetic fuels, according to the business, may help IC engines last longer, particularly in high-performance automobiles, trucks, and aeroplanes.
Having said that, Honda has confirmed that their future plans include electrification and fuel cell technology. The company has committed $40 billion to the development of hybrid and fully-electric technologies, which it hopes will account for 40% of its sales by 2030. Honda’s first EVs, powered by a dedicated platform, are expected to hit the market in the United States in 2026. Prior to that, in 2024, the automaker will launch two electric crossovers based on GM’s Ultium platform.
Honda is also expected to launch a separate company next month to expand its battery business. According to reports, this could eventually include the development of an EV infrastructure.
ALSO READ: Go green and save money: UP eliminates EV registration fee