简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Honda to spend $64 billion on R&D as it revs up electric ambitions
Abstract：Japans Honda Motor Co Ltd plans to spend 8 trillion yen ($64 billion) on research and development over the next 10 years, as it looks to roll out more than 30 electric vehicle models globally by 2030.
The targets, laid out at a company presentation on Tuesday, mark a push by the automaker to ramp up in the fast-growing market for electric vehicles, where Japanese car makers have risked falling behind new entrants such as Tesla Inc, as well as traditional European and U.S. rivals.
Honda also said it plans to produce some 2 million electric vehicles a year by 2030. The bulk of the investment would be in electrification and software technologies, Honda said.
It said it would spend some 43 billion yen on a demonstration line for the production of solid-state batteries, with the aim of starting that in Spring 2024
($1 = 125.4500 yen)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Guide to Trading News Releases & Navigating Market Volatility
Understanding when key news releases occur, identifying the most impactful ones, and effectively trading them while managing risk can set you apart from the competition. This article delves into these aspects, helping you navigate the complexities of trading forex on news releases.
The History of Ponzi Schemes
This article outlines the history of Ponzi schemes, highlighting the infamous Charles Ponzi, Bernie Madoff, and beyond.
Is High leverage Better Than low leverage?
Leverage allows traders to amplify their market exposure beyond their initial investment, making it a pivotal factor in broker selection.
PU Prime Ups Leverage Limit, Downs Stop-out Level
Leading broker PU Prime is shaking things up with a dual approach to enhance customer risk management and trading opportunities. Effective June 17th, 2024.
WikiFX Broker
Latest News
JUST Finance and UBX Launch Multi-Currency Stablecoin Exchange
WikiFXXM Revamps Website with Sleek Design and App Focus
WikiFXGlobal Shift in Cryptocurrency Taxation: Italy and Denmark Chart New Paths
WikiFXWebull Introduces 24/5 Overnight Trading to Extend U.S. Market Access
WikiFXTradingView & Mexico’s Uni. Partnership, to Enhance Financial Education
WikiFXSomething You Need to Know About SogoTrade
WikiFXeToro Launches Global-Edge Smart Portfolio: A Balanced Approach to Growth and Stability
WikiFXDarwinex advises traders to update MT4 & 5
WikiFXRevolut X Expands Crypto Exchange Across Europe, Targeting Pro Traders
WikiFXBroker Review: Is Exnova Legit?
WikiFXCurrency Calculator
