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Will Honda reduce EV battery costs by 25% by end of 2025?
2
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Yes • 50%
No • 50%
Honda's financial reports or statements from industry analysts
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Honda to Launch 'Game Changer' All-Solid-State Battery Line in Sakura City, Doubling EV Range
Nov 21, 2024, 03:10 AM
Honda Motor Co. is set to revolutionize the electric vehicle (EV) market with the introduction of its next-generation all-solid-state batteries. The company announced that it will begin operating a demonstration production line for these batteries in January 2025 in Sakura City, Tochigi Prefecture. These new batteries, described as a 'game changer', are expected to double the driving range of Honda's EVs and reduce costs by 25%. The development marks a significant milestone as Honda aims to enhance its EV offerings by the late 2020s. The production line was opened to the media for the first time.
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