Honda has announced a plan to sell electric vehicles only in North America by 2040.
In a statement released this week, Honda said battery-electric and fuel cell electric vehicles will represent 100 percent of its vehicle sales in North America by 2040. The automaker will gradually work up towards the ambitious goal, slowly progressing from EV sales of 40 percent by 2030 to 80 percent by 2035. A key part of this new EV-intensive strategy will be the automaker’s new e:Architecture – a dedicated electric vehicle platform that will be introduced sometime in the second half of the decade.
Additionally, the automaker confirmed the development of two new “large-sized” electric SUV models this week, which will use the GM Ultium battery system and are slated to arrive in the North American market for the 2024 model year. One of these electric SUVs will be a Honda, while the other will fall under the umbrella of the automaker’s Acura premium brand.
As GM Authority reported previously, the new Ultium-powered Acura electric SUV will be built at the GM Spring Hill Assembly plant in Tennessee. Spring Hill will also be responsible for producing the Cadillac Lyriq electric crossover, which is set to go into production early next year. GM is currently building a large $2.3 billion battery plant on the site of the Spring Hill Assembly plant in partnership with its joint venture battery partner, LG Chem.
The electric Honda SUV, meanwhile, is expected to be produced by GM on behalf of the Japanese automaker at its Ramos Arizpe Assembly plant in Mexico.
Additionally, the automaker said this week that it will eventually make solid-state batteries available for all of its new EV models – likely from the second half of this decade. Honda does not currently have a production-ready solid-state battery, but says it will “undertake the verification of production technology using a demonstration line, starting this fiscal year,” for the advanced battery tech – a potential sign that the Japanese company is further ahead on solid-state battery development than many previously thought.
Honda also said this week that it is “formalizing its goals for achieving carbon neutrality for all products and corporate activities by 2050,” which echoes GM’s goal of achieving full corporate carbon neutrality by 2040.
“I believe it is the responsibility of an automaker to achieve our carbon-free goal on a ‘tank-to-wheel’ basis,” Honda CEO Toshiro Mibe said in a press conference this week.