Honda plans push towards electric vehicles with 30 models by 2030

Tokyo, Apr. 12, (dpa/GNA) - Japanese car company Honda plan to roll out 30 electric vehicle models by 2030.

The company plans to produce more than 2 million of the cars each year, it announced Tuesday.

Honda will budget about 8 trillion yen (64 billion dollars) for research and development over the next 10 years. About 5 trillion yen of that will go towards research and development in the areas of electrification and software.

It will spend some 43 billion yen on a demonstration line for the production of solid-state batteries, with the aim of starting that in 2024.

GNA