Honda Sets Deadline to Phase Out Gasoline-Powered Cars; Company Will Invest $46 Billion in Electric Vehicles

Written by Fabio Lucas Carvalho

Published on 23/04/2021 at 19:40

Crédito: Divulgação

Be the first to react!

Honda Is Working to End Gasoline-Powered Cars, and Electric Cars Are the Company’s Bet for the Future

The world is experiencing a moment of awareness for the environment. Companies are being pressured to cut carbon emissions, helping to avoid drastic climate changes in the future. As a result, electric vehicles are the focus this time. Honda, one of the most important automakers in the world, announced that in less than two decades, 100% of its manufactured cars will be electric, bidding farewell to gasoline.

The transition from gasoline to electric energy will be gradual. The company plans for 40% of its global sales to consist of electric vehicles by 2030, followed by 80% by 2035, and 100% by 2040. Honda’s thinking regarding carbon neutrality is similar to other companies like Ford and Volkswagen.

This information was provided by Toshihiro Mibe, CEO of Honda. He emphasized that the company is committed to assisting the Japanese government in reducing carbon emissions by up to 46%. Mibe also highlighted that the company will invest a total of US$ 46 billion over the next six years in renewable technologies to help develop electric cars, leaving gasoline behind once and for all.

ARTICLE CONTINUES BELOW

See also

Honda has been investing significantly in electric vehicles in recent years. The current focus is the Prototype, a 100% electric SUV based on the new HR-V. The vehicle is still a prototype, but it is considered the company’s electric vehicle closest to entering the markets. Honda is negotiating with GM to launch two new electric vehicles focused on the U.S.

Credit: Disclosure / Honda / Electric Cars / Gasoline — Credit: Disclosure

The focus today is on the American market. California is expected to ban the sale of gasoline-powered vehicles in the state by 2035. Additionally, the U.S. government plans to transition its entire fleet of vehicles to electric-powered cars.

Honda Sets Deadline to Phase Out Gasoline-Powered Cars; Company Will Invest $46 Billion in Electric Vehicles

Honda Is Working to End Gasoline-Powered Cars, and Electric Cars Are the Company’s Bet for the Future

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

Japanese ship known as the “hell ship” was located near the island of Luzon and confirms one of the most striking maritime tragedies of 1944.

A stumble on a stone along the way led a French postman to work for 33 years and single-handedly build a giant palace, transforming his ordinary routine into a historical monument.

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Roman villa full of luxurious details discovered on the outskirts of Rome reignites mystery about Hadrian, Antoninus Pius, and Marcus Aurelius.

OpenAI wants to transform ChatGPT into a powerful super app with AI agents, enhanced Codex, and tools for businesses before a potential billion-dollar IPO.

Honda Sets Deadline to Phase Out Gasoline-Powered Cars; Company Will Invest $46 Billion in Electric Vehicles

Honda Is Working to End Gasoline-Powered Cars, and Electric Cars Are the Company’s Bet for the Future

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

ANP halts LPG reform, and Sindigás sees technical caution as a decisive point for safety, investments, and the future of the cylinder in Brazil.

Oil spill in the Caribbean raises environmental alert and increases tension between Venezuela and Trinidad and Tobago

More than 40 Petrobras platforms enter the decommissioning queue and open up a billion-dollar industry in Brazil for cranes, special ships, underwater cutting, and offshore recycling.

Japanese ship known as the “hell ship” was located near the island of Luzon and confirms one of the most striking maritime tragedies of 1944.

A stumble on a stone along the way led a French postman to work for 33 years and single-handedly build a giant palace, transforming his ordinary routine into a historical monument.

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Roman villa full of luxurious details discovered on the outskirts of Rome reignites mystery about Hadrian, Antoninus Pius, and Marcus Aurelius.

OpenAI wants to transform ChatGPT into a powerful super app with AI agents, enhanced Codex, and tools for businesses before a potential billion-dollar IPO.