Honda’s Mibe Says Plan for New EVs in US, Japan From 2025
- Carmaker will also collaborate with TSMC on chip supply: CEO
- Honda lags global peers in race to shift to electric vehicles
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Honda Motor Co. plans to launch one new mid- to large-sized electric vehicle in North America and four EV models in Japan from 2025, Chief Executive Officer Toshihiro Mibe said, as the Japanese automaker seeks to only sell electric cars globally by 2040.
Japan’s second-largest carmaker will also collaborate with Taiwan Semiconductor Manufacturing Co. on the procurement of chips, aiming to smooth over any supply disruptions after past dearths forced Honda to cut back on production, Mibe said at a media briefing in Tokyo on Wednesday.