Honda aims to double its global hybrid car sales to 1.3 million vehicles annually by 2030 from 2023 levels, providing a “bridge” until fully electric vehicles become more widespread, the Japanese automaker said on Wednesday.
From 2026, Honda will start to install new, more fuel-efficient hybrid systems for compact and mid-sized models, revamping engines, platforms and control technologies, the company said.
Demand for gasoline-electric hybrid cars is growing, especially in Honda’s best-selling market North America, amid a slowing expansion of EVs.
EVs face a tougher environment in the United States as President-elect Donald Trump plans to cut support, Reuters has reported.
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