Honda Motor Co. is contemplating the construction of new electric vehicle (EV) plants in North America, including Canada, according to President Toshihiro Mibe. The move is prompted by the anticipation of increased EV output, requiring multiple production bases. Mibe mentioned that discussions with the Canadian government are underway as part of considering various possibilities. Honda aims to elevate the share of EVs and fuel cell vehicles in its automobile sales to 40% by 2030 and 80% by 2035 in developed countries. The announcement came during the CES technology show in Las Vegas, where Honda unveiled two concept EV models. Mibe indicated a strategic approach of releasing more EV models gradually. This signifies Honda's commitment to advancing its presence in the electric vehicle market and aligning with global trends toward sustainable transportation. The consideration of new production facilities in North America underscores the company's strategic planning to meet the growing demand for electric vehicles in the region.
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