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How will Honda's solid-state battery tech affect its EV market share by end of 2025?
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Resolution / Starting Odds
Honda gains significant market share • 25%
Honda maintains current market share • 25%
Honda loses market share • 25%
Other • 25%
Market analysis reports from firms like Bloomberg, McKinsey, or Statista
Story
Honda Unveils All-Solid-State EV Battery Production Line in January 2025 to Double Driving Range and Cut Costs by 25%
Nov 21, 2024, 02:46 AM
Honda has announced the unveiling of its first all-solid-state battery production line, set to begin operations in January 2025. This new technology aims to double the driving range of electric vehicles (EVs) while reducing costs by 25%. The initiative is seen as a strategic move to compete against Chinese manufacturers in the EV market. The solid-state batteries are expected to significantly enhance the performance and affordability of Honda's EV offerings.
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