Loading...
Market
Percentage of Honda's total EV investment allocated to Canada by 2030
5
Resolution / Starting Odds
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Financial disclosures from Honda or major financial news outlets
Story
Honda Pledges $65 Billion for EV and Software Investment by 2030, Prioritizes Canada
May 16, 2024, 08:10 AM
Honda Motor Co. has announced a significant increase in its investment towards electrification and software, pledging to spend $65 billion through the fiscal year 2030. This move is part of Honda's strategy to double its investment in electric vehicles (EVs) and software, aiming to capture lucrative markets in the US and China. The company is also responding to the global push for EV adoption despite a recent slowdown in EV sales in several markets. CEO Toshihiro Mibe confirmed the investment, which will be crucial for Honda's transition towards a more sustainable future. The investment, also noted as $64.8 billion and 10 trillion yen, will prioritize Canada.
View original story
Similar markets
Less than 10% • 33%
10% to 12% • 33%
More than 12% • 33%
Less than $10 billion • 25%
$10 billion to $50 billion • 25%
$50 billion to $100 billion • 25%
More than $100 billion • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Less than 25% • 25%
25% to 50% • 25%
51% to 75% • 25%
More than 75% • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Less than 10% • 33%
10% - 15% • 33%
More than 15% • 33%
Less than 5% • 33%
5% to 10% • 33%
More than 10% • 34%
Less than 10% • 25%
10%-20% • 25%
20%-30% • 25%
More than 30% • 25%
No significant change • 25%
Up to 5% increase • 25%
5%-10% increase • 25%
More than 10% increase • 25%
Decrease by less than 0.9% • 25%
Decrease by 0.9% to 1.2% • 25%
Decrease by 1.3% to 1.5% • 25%
Decrease by more than 1.5% • 25%
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%