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that it would invest approximately $40 billion to electrify its lineup with 30 battery-electric vehicles, including two SUVs and a mini car, around the world and to produce two million electric vehicles annually by 2030."As far as resource investments over the next 10 years go, we’re going to invest about [$64 billion in research and development expenses," said Honda Chief Executive Toshihiro Mibe.
Last April, during the company's inaugural press conference, Mibe said"In order to achieve our carbon-free goal on a"tank-to-wheel" basis, as the responsibility of an automaker, Honda will strive to increase the ratio of battery-electric vehicles and fuel cell electric vehicles within overall unit sales in all major markets of electrification combined to 40 percent by 2030, to 80 percent by 2035, and then to 100 percent globally by 2040.
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