Japan's Honda steps up electrification investment to $65 billion through FY2030
) Motor pledged to double its electrification and software investment to about $65 billion over the 10 years running through the 2030 business year, it said on Thursday.
Honda CEO Toshihiro Mibe told a press conference the automaker planned to spend a total of 10 trillion yen on electrification and software over the period, twice as much as the 5 trillion yen it had pledged in April 2022.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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