NEW YORK – Japanese automaker Honda announced Friday that it plans to phase out all of its gasoline-powered vehicles in North America by 2040, making it the latest major automaker to set a carbon neutral target .
The announcement came as leaders of the world’s major economies gathered for President Joe Biden’s climate summit.
Honda CEO Toshihiro Mibe said the company expects 40% of all sales in North America to be battery-powered or hydrogen fuel cell vehicles by 2030 , and that 80% of all its vehicles sold be electric or fuel cell by 2035.
Part of Honda’s plan involves a new electric vehicle platform the company calls e: Architecture, but the automaker hasn’t provided details. These vehicles will be deployed in the second half of this decade, the company said.
Most of Honda’s development will focus on battery-electric vehicles, but the company has said it will also devote resources to developing hydrogen fuel cell vehicles, working with General Motors. GM has set a goal of making the vast majority of vehicles it produces electric by 2035, and the entire carbon neutral company, including operations, five years later.
Honda also plans to sell only electric or fuel cell vehicles in China and Japan by 2040.
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By the Associated Press
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