{"id":251283,"date":"2024-05-19T14:55:00","date_gmt":"2024-05-19T14:55:00","guid":{"rendered":"https:\/\/news.republicofgreen.com\/2024-honda-business-briefing-on-electrification-initiatives-investment-strategy-summary-doubling-investments\/"},"modified":"2024-05-19T14:55:04","modified_gmt":"2024-05-19T14:55:04","slug":"2024-honda-business-briefing-on-electrification-initiatives-investment-strategy-summary-doubling-investments","status":"publish","type":"post","link":"https:\/\/news.republicofgreen.com\/2024-honda-business-briefing-on-electrification-initiatives-investment-strategy-summary-doubling-investments\/","title":{"rendered":"2024 Honda Business Briefing On Electrification Initiatives &#038; Investment Strategy Summary (Doubling Investments)"},"content":{"rendered":"<div>\n<p><em>Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!<\/em><\/p>\n<hr\/>\n<ul style=\"font-weight: 400;\">\n<li><strong>Approach to electrification targets:<\/strong><\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">Honda has not changed its belief that EVs are the most effective solution in the area of small mobility products such as motorcycles and automobiles, and Honda\u2019s electrification target to make EVs and FCEVs represent 100% of its global vehicle sales by 2040 remains unchanged. Honda must look ahead to the period of EV popularization and build a strong EV brand and a strong EV business foundation from a medium- to long-term perspective.<\/p>\n<ul style=\"font-weight: 400;\">\n<li><strong>Structural reform of procurement and production operations:<\/strong><\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">Through the establishment of a vertically-integrated EV value chain with a central focus on batteries,\u00a0<strong>as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the cost of current batteries<\/strong>.<\/p>\n<p style=\"font-weight: 400;\">Honda&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/cleantechnica.com\/2024\/05\/19\/2024-honda-business-briefing-on-electrification-initiatives-investment-strategy-summary-doubling-investments\/\"target=\"_blank\">Read the full article originally published at cleantechnica.com.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Approach to electrification targets: Honda has not changed its belief that EVs are the most effective solution in the area of small mobility products such as motorcycles and automobiles, and Honda\u2019s electrification target to make EVs and FCEVs represent [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":251284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[24],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v20.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2024 Honda Business Briefing On Electrification Initiatives &amp; Investment Strategy Summary (Doubling Investments) - Republic of Green News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cleantechnica.com\/2024\/05\/19\/2024-honda-business-briefing-on-electrification-initiatives-investment-strategy-summary-doubling-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Honda Business Briefing On Electrification Initiatives &amp; Investment Strategy Summary (Doubling Investments)\" \/>\n<meta property=\"og:description\" content=\"Sign up for daily news updates from CleanTechnica on email. 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