Honda hopes to double EV driving range with solid-state batteries, R&D chief says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2024
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Should l Buy ?
Source: Reuters
Honda's Electric Vehicle Plans: Honda aims to double the driving range of its electric vehicles by the late 2020s through the development of all-solid-state batteries, with plans to increase annual EV production to over 2 million units by 2030 and achieve a 100% sales ratio for EVs and fuel cell vehicles by 2040.
Collaborative Efforts in Battery Development: Honda is investing in a pilot production line for solid-state batteries and is open to collaboration with partners like Nissan and Toyota, who are also pursuing similar battery technologies.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
