Honda to Invest $39 Billion With Focus on EVs, Batteries

The motor conglomerate aims to launch 30 EV models worldwide

April 18, 2022

/ Gourav Mishra
/ Electric Vehicles, Grid
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Honda Motors has announced that it will invest approximately 5 trillion yen (~$39.84 billion) in electrification and software technologies to accelerate its business globally in the next ten years. The motor vehicle conglomerate plans to invest 8 trillion yen (~$63.74 billion) in research and development until 2030.

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Gourav Mishra

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