Honda To Invest $3.4 Billion On Electric 2-Wheelers By 2030

In this article, we are going to the Honda company. Honda is a Japanese public multinational conglomerate manufacturing automobiles, motorcycles, and power equipment. It’s headquartered in Minato, Tokyo, Japan. Reportedly, Japanese auto giant Honda stated it is preparing to invest 500 billion yen ($3.4 billion) in the display of electric motorcycles and mopeds this decade. Since the news came on the internet it went viral on many social media platforms. Now lots of people must be super curious to know about the news. Here we have more information about the news and we will share it with you in this article, so let’s continue the article.

Honda

The company, the world’s most prominent maker of two-wheelers, also stated it plans to launch 30 fresh electric models by 2030 and to decrease the current price of electric motorcycles by 50 %. On Wednesday Honda stated in the statement ” For the electrification of its motorcycles, Honda has been investing 100 billion yen over the given period from 2021 to 2025, and will invest an additional 400 billion yen over the period from 2026 to 2030,”. It also walked its international annual sales mark for 2030 to four million units, up from its last goal of 3.5 million declared the previous year. Swipe up the next page for more information about it.

It also stated that it will originally operate its existing rupture for internal explosion engine models but will begin the process of dedicated electric motorcycle production plants from around 2027. The company will also ” improve consumer comfort by offering online sales that permit customers to buy motorcycles without going to a dealer in person”. Since the news came on the internet it has gone viral on many networking sites. Now people want to know complete information about it. You are on the right page for more information about the news, so please read the complete article.

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As far as we know, the international electric motorcycle market was worth $30 billion in 2022 and is expected to increase by almost 19% per year between 2023 to 2030, as per the Grand View Research, in part on the back of public concerns about fuel prices and also climate change. Thousands of people must be super curious about electric motorcycles as they know that they will be very amazing and useful. Here we have shared all the information that we had if we get any information then we will update you soon. Stay tuned to us for more updates.

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Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.