Honda is on track to achieve its 10% reduction target for global automobile production, compared to the cost recorded in 2018, Mibe said. Continuing to solidify business and reduce costs Honda hopes it will begin production by spring 2024 and adopt its next-gen batteries into models to be introduced after 2025.
To accelerate its independent battery R&D for solid-state batteries, Honda is investing about $343 million (43 billion yen) into building a demonstration line. To support this, Honda aims to strengthen its existing collaboration with CATL in China and to procure batteries for its mini EVs from Envision AESC in Japan. The automaker's goal is to ensure stable procurement of liquid lithium-ion batteries in the region, as well as in China and Japan, its other two main markets. Honda said it is exploring the possibility of creating a North American joint venture for battery production outside its partnership with GM, but Mibe wouldn't name names. An electric bicycle (e-bike, eBike, etc.) is a motorized bicycle with an integrated electric motor used to assist propulsion. That's why it's building an application layer on top of the vehicle operating system, which can be continuously updated over the air, according to Mibe. Like many other automakers, Honda sees the potential for the software-defined vehicle to help bring in recurrent revenue through third-party applications.
The Honda e: Architecture, which the company plans to introduce in 2026, will be an EV platform that includes both a hardware and software layer and is cloud-connected. We have a pocket bike gallery in cambridge MA, we have all sorts of bikes we can convert. While Honda will lean on its partnership with GM to utilize the Ultium architecture and EV platform, the automaker fully intends to build its own architecture by beefing out its software capabilities. In addition the brake levers/cables can definitely be bicycle parts. Honda is also pursuing the launch of two electric sports models, a specialty and a flagship model, by mid-decade, according to Takeuchi, but it's unclear whether these cars would be as affordable as others Honda is hoping to launch soon. Honda is planning to build a dedicated EV plant in Guangzhou and Wuhan to support production in one of its most important markets.
In addition, Mibe doubled down on Honda's previous commitment to launch 10 new EV models in China under its e:N Series by 2027, with two models set to go on sale this year. Electric mini bikes, affordable electric bikes, electric bikes for kids and adult on sale. The automaker also says it will build a dedicated EV production line in North America. Just last week, Honda announced a partnership with GM to co-develop electric vehicles by 2027 in North America using GM's Ultium platform that will go for around $30,000. By the same year in North America, Honda also plans to introduce two mid-to-large size EV models – a Honda Prologue SUV and an Acura SUV – which are currently being developed with General Motors at prices that are cost-competitive with internal combustion engine vehicles.