Honda prepones new EV platform to 2025, eyes 2 mn EVs annually by 2030

Japanese automaker Honda is looking at a bigger EV with a new platform in 2025, a year earlier than initially announced. Tokyo-based Honda is also gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year. 

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"We believe that the value society places on being kind to the environment will only build in momentum," President Toshihiro Mibe said Wednesday in announcing a sprawling set of initiatives aimed at putting Honda on the global EV map.

Mibe told reporters Honda will forge ahead on investments and partnerships to realize such goals. The company has already set a goal to have all its models around the world powered on either electric or fuel cell, which runs on hydrogen and is emissions-free, by 2040. It aims to make more than 2 million EVs a year by 2030.

In Japan, where EV demand has been picking up gradually, an EV based on the tiny N-ONE model goes on sale in 2025. A further two EV models are planned for 2026.