TOKYO, Japan, April 23, 2021 — Honda Motor Co., Ltd. President and Representative Director Toshihiro Mibe held an inaugural push meeting at three:00 pm nowadays (Japan time).
Pursuing is a summary of his official remarks:
＜Driven by Honda＞
Honda is a mobility organization that presents a large assortment of products and solutions which, in overall, tends to make Honda the world’s major electric power device producer. Due to the fact its founding and via our large array of electric power units, Honda has constantly been contributing to the advancement of mobility and people’s everyday life by supplying the “power” which allows folks to just take action.
By becoming the “power” that supports folks who are striving to do matters via their very own initiative, which include people who are striving to make adjustments to the culture they stay in and others who strive to boost the high quality of people’s everyday life, we will help folks broaden their very own likely.
＜What Honda would like to realize/way of our initiatives＞
Honda will work comprehensively to handle issues in the parts of the environment and protection. At the very same time, for the foreseeable future, Honda will strive to direct developments which will be manufactured in the parts of mobility, the electric power device, vitality and robotics.
Also, to have a organization footing in doing the job towards our environmental and protection targets, we will keep on being dedicated to ensure the attainment of our goal to “solidify our present businesses”.
- Environmental Initiatives
1-1. 3 initiatives in pursuit of “zero environmental impact”
Honda will strive to notice carbon neutrality for all products and solutions and corporate activities Honda is concerned in by 2050. Striving for “zero environmental impact” of not only our products and solutions but the entire product lifecycle which include our corporate activities, Honda will emphasis on the following parts as the “three-pillars” of our initiatives:
– Carbon neutrality
– Clean vitality
– Useful resource circulation
･ In addition to the electrification of our motorcycle and automobile products and solutions, we will broaden the assortment of electrified products and solutions with our Honda Mobile Power Pack swappable battery and broaden utilization of renewable vitality by enabling infrastructure-linked good electric power operations.
･ For the additional enlargement of the use of renewable vitality, we will be proactive in promoting the utilization of hydrogen. We will strive to notice a “multi-pathway of vitality,” which is a principle of making use of a large wide variety of vitality sources which include carbon-neutral fuels, which will be successful in all parts, which include where by electrification is complicated, this kind of as with aircraft.
･ Such as a lot more successful methods to reuse and recycle batteries, Honda is pursuing investigation on product recycling and will just take on the obstacle of creating products and solutions manufactured from a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} sustainable materials.
･ We also will carry on to work on the principle of “Honda eMaaS” via which Honda will add to the “freedom of mobility” and “expanded use of renewable energy” by connecting electrified mobility products and solutions and vitality provider. Honda eMaaS will be steadily pursued even though focusing on the following a few core parts:
– Enlargement of the utilization of Mobile Power Packs
– Utilization of huge-capability batteries for electrified cars
– Software and implementation of gas mobile programs.
1-2. Electrification of automobile products and solutions
In buy to realize our carbon-cost-free goal on a “tank-to-wheel” basis, as the accountability of an automaker, Honda will strive to maximize the ratio of battery-electric vehicles (EVs) and gas mobile electric vehicles (FCVs) within total device gross sales in all big markets of electrification merged to 40{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2030, to eighty{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2035, and then to a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} globally by 2040. These are tough targets, and to achieve them, we need to place forth a collective hard work of our entire value chain. Having said that, we made a decision to established high targets so that all of us share the vision of what we are striving to achieve and just take on issues towards the realization of our targets.
■North The us
･ In North The us, we will strive for an EV/FCV device gross sales ratio of 40{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2030, eighty{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2035 and a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2040. Leveraging the alliance with GM as a single of our strategic pillars, we will pursue electrification in North The us successfully even though having benefit of the respective strengths of the two businesses
･ Honda and GM are jointly creating two huge-sized EV designs employing GM’s Ultium batteries, and we are organizing to introduce these designs to the North American market as product year 2024 vehicles, a single from Honda model and the other from the Acura model.
･ Starting up from the next half of the 2020s, Honda will launch a collection of new EV designs which adopt e:Architecture, a absolutely new EV platform led by Honda. These EV designs will initial be released to the North American market, and then to other regions of the planet.
■China
･ In China, we will strive for an EV/FCV device gross sales ratio of 40{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2030, eighty{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2035 and a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2040.
･ In China, we have been introducing EV designs even though making use of community resources, and we will additional speed up this solution from listed here forward. We will introduce 10 Honda-model EV designs within 5 yrs. As the initial of the 10 designs, the mass-production product centered on the Honda SUV e:prototype is scheduled to go on sale in spring 2022.
･ We will additional pursue the utilization of community resources, which features strengthening our collaboration with CATL for the provide of batteries, which are core parts for electrified vehicles.
■Japan
･ In Japan, we will strive for an EV/FCV device gross sales ratio of twenty{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2030, eighty{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2035 and a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} by 2040. Also, which include hybrid-electrical cars, we will strive to electrify a hundred{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} of our automobile device gross sales in Japan by 2030.
･ Such as the initial introduction of an EV product in the K-car segment in 2024, we will carry on making development in the electrification of our mini-vehicles with the two hybrid and EV designs.
･ For the procurement of batteries, we will strive to notice a “local production and community procurement” solution in Japan, which also will add to the expansion of domestic industries in Japan.
･ In the region of mobility expert services (MaaS), we are aiming to introduce the Cruise Origin, an electrical self-driving automobile Honda is currently creating jointly with GM and Cruise, in the Japanese MaaS market in the mid-2020s. With this purpose, we will be beginning development for screening in Japan from this year.
In buy to safe the high competitiveness of our EVs of the foreseeable future, Honda is conducting unbiased investigation on all-sound-condition batteries as the upcoming technology batteries which will notice high capability and reduced expense. We will undertake the verification of production engineering employing a demonstration line, beginning this fiscal year. We will get started accelerating this investigation with an purpose to make all-sound-condition batteries obtainable for our new designs to be released in the next half of the 2020s.
Honda has a track report of giving customers “creative movers,” products and solutions in Japan this kind of as Odyssey and StepWGN that help produce much better everyday life for folks. This stance will not transform in the planet of EVs. By combining electronic systems with Honda’s present strengths, this kind of as exceptional creativeness and authentic models, we will carry on to include exceptional value only Honda can give to our EVs.
1-three. Electrification of motorcycle products and solutions
Honda will strive to direct the motorcycle business at the forefront of its environmental initiatives with an solution which will contain not only electrification but also the advancement of the gas effectiveness of gasoline engines, utilization of biofuels and other approaches.
･ The essential to prosperous electrification of motorcycle products and solutions is to take into account the battery, which is even now costly, independently from the motorcycle. In formulated nations around the world, where by electrification is in strong need by culture, we will pursue electrification making use of Mobile Power Pack, targeting our B-to-B (business enterprise-to-business enterprise) and B-to-G (business enterprise-to-countrywide/community governments) customers.
･ For personalized-use customers, we need to not only boost our product lineup but also make a huge amount of battery-swapping stations obtainable and ensure comfort to buyers by making them appropriate with EVs of other makers. To this end, Honda has set up a consortium with other motorcycle OEMs in Japan and Europe, respectively, to build engineering standards for swappable batteries. Honda has a vision to broaden Mobile Power Pack apps past motorcycles to electric power products and solutions and micro-mobility products and solutions. With this vision, we have started demonstration screening in India employing “rickshaw” kind tricycle taxis.
･ To accommodate the diverse desires of our customers, in addition to introducing GYRO e: and GYRO Cover e: in the region of business enterprise-use bikes, scheduled for this year, we are going to introduce a few new EV designs in the region of personalized use, in classes with motor measurements of beneath 50cc and beneath 125cc., by 2024. We also will introduce new products and solutions in the “FUN” region as effectively.
1-four. Gas mobile
Hydrogen is envisioned to be popularized as a renewable vitality source. Honda has a extended background of looking into, creating and commercializing FC systems.
Whilst continuing our collaboration with GM, Honda will strive to reduce prices and notice a “hydrogen society” by growing our lineup of FCVs and also by employing FC programs for a large assortment of apps, which include commercial trucks as effectively as the two stationary and movable electric power sources.
- Basic safety Initiatives
Honda will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050. The big obstacle we will encounter as we work towards this goal is how to get rid of motorcycle collision fatalities, specially in rising nations around the world. As a organization that has the two motorcycle and automobile companies, we will carry on to bolster our investigation on protection systems that permit motorcycles and automobiles to securely coexist and direct the way in acknowledging a collision-cost-free culture from the standpoint of the two hardware and computer software.
･ Due to the fact several motorcycle collision fatalities involve automobiles, we will strive to apply our omnidirectional ADAS (innovative driver-help method) to all new automobile designs we introduce in formulated nations around the world by 2030.
･ By leveraging the information and know-how we have amassed via investigation and development of our Degree three automatic driving systems, we will additional boost the intelligence of ADAS, which will increase the percentage of collision patterns protected by our ADAS.
･ Significantly in rising nations around the world, there are several collisions that can be prevented via traffic protection education activities and by approaching the problem from the point of view of infrastructure and governing administration procedures. For that reason, Honda will emphasis also on this kind of parts which include strengthening of academic courses and governing administration/business relations activities.
- Study & Advancement Initiatives
In buy for Honda to keep making development in its environmental and protection initiatives, it becomes crucial for us to invest aggressively in the region of investigation and development. For that reason, regardless of fluctuations in our gross sales income, Honda will invest a overall of somewhere around five trillion yen as R&D bills more than the upcoming six yrs.
In the field of investigation and development, which include the method and functionality for the development of electronic systems which desires to be additional strengthened, we will just take necessary actions, which include alliances, as speedily as achievable.
Also, we also will just take proactive actions to build a strong value chain from the point of view of electrification.
- Preparations for the foreseeable future
I imagine that the “unique traits of Honda” are represented by the “value we derive by pondering via the very essence of things” and our “originality.” Honda is a organization with a team of folks who have the strong need to be authentic. We value people’s goals and carry on having on issues towards ambitious targets. In so executing, we want to be a organization that will constantly pursue the very essence of matters and originality.
As of past fiscal year, we enabled Honda R&D to emphasis on the investigation of innovative systems, and we are conducting investigation on main-edge environmental and protection systems for the realization of a culture that aims for zero environmental affect and a collision-cost-free culture. Also, we are making development with investigation on systems which will broaden mobility into the 3rd and 4th proportions, into the skies, the ocean, outer house and the region of robotics. We will bolster our authentic investigation of systems by ensuring optimal allocation of resources into the region of innovative and reducing-edge systems.
Also, in buy to actively produce and deliver new value for our customers, we have started the “New Enterprise Creation Method” where by the goals and concepts of Honda associates grow to be the beginning position of just about every task.
＜Closing＞
My hope is to listen to folks indicating, “We are glad Honda exists” or “Honda will certainly do it.” Honda would like to carry on to be a organization that folks want to exist. That is what we want to realize.
To this end, we will create a business enterprise structure which has resilience from adjustments in our business enterprise environment and speedily employ huge-scale action ideas. We will carry on to work aggressively, even though constantly asking ourselves what it implies to manage the exceptional traits of Honda, which is to pursue the very essence of matters and to be authentic.
Publicity materials relating to this push release are obtainable at the following URL:
https://news.honda.co.jp/en/
(The internet site is supposed exclusively for the use of journalists.)