Honda has joined a growing number of major car makers changing
direction away from battery electric vehicle development in response to
slowing BEV sales. At a recent briefing in Tokyo Honda’s President
Toshihiro Mibe confirmed the company was re-evaluating its BEV
development plan up to 2030 by trimming 3 trillion yen from its previously
allocated EV budget of 10 trillion yen. It cited falling BEV sales behind the
move “necessitating a re-alignment of its automotive strategy that places
more emphasis on new generation, lower cost and more efficient hybrid
technology along with a greater focus on the North American, Japanese
and Chinese markets.” Honda targeting greater battery efficiency as well as
a 50 per cent reduction in manufacturing costs, suggesting the company’s
new e-HEV systems will be lighter with more parts commonality amongst
models. Its target 2.2 million sales by 2030. I’m David Berthon

Honda has joined a growing number of major car makers changing direction away from battery electric vehicle development in response to slowing BEV sales. At a recent briefing in Tokyo Honda&rsquo;s President Toshihiro Mibe confirmed the company was re-evaluating its BEV development plan up to 2030 by trimming 3 trillion yen from its previously allocated EV budget of 10 trillion yen. It cited falling BEV sales behind the move &ldquo;necessitating a re-alignment of its automotive strategy that places more emphasis on new generation, lower cost and more efficient hybrid technology along with a greater focus on the North American, Japanese and Chinese markets.&rdquo; Honda targeting greater battery efficiency as well as a 50 per cent reduction in manufacturing costs, suggesting the company&rsquo;s new e-HEV systems will be lighter with more parts commonality amongst models. Its target 2.2 million sales by 2030. I&rsquo;m David Berthon

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon. 

For more engaging content visit the 2GB website, or listen live to 2GB 873.

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon.&nbsp;
For more engaging content visit the 2GB website, or listen live to 2GB 873.

Motor Torque with David Berthon

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon. 

For more engaging content visit the 2GB website, or listen live to 2GB 873 

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon.&nbsp;
For more engaging content visit the 2GB website, or listen live to 2GB 873&nbsp;

Honda puts the brakes on EV development, shifting focus to hybrid models

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