Honda Motor Co’s (7267.T) U.S. unit stated on Monday it’s focusing on preliminary annual gross sales of 70,000 for its deliberate electrical Prologue sport utility automobile when it goes to market in 2024.
Honda plans so as to add extra electrical automobile fashions because it goals to have bought a complete of 500,000 electrical autos in the USA by 2030, and to attain 100% zero-emission autos gross sales in North America by 2040.
It comes as President Joe Biden signed a govt order final month setting a goal to make half of all new passenger autos bought in 2030 zero-emissions autos.
The Honda Prologue is being co-developed with Normal Motors Co (GM.N) and relies on the Detroit automaker’s Ultrium platform, a modular platform and battery system. Honda and GM are additionally co-developing an electrical Acura-brand SUV.
GM will assemble the Prologue and the Acura SUV — each of which can go on sale in 2024 — however Honda has not disclosed which plant will construct the autos or the identity or quantity targets for the Acura.
— Joseph Ax (@josephax) August 5, 2021
Following the GM-built fashions, Honda will introduce a collection of electrified autos by means of 2030 based mostly on the Honda developed e-Structure, a brand new EV platform led by Honda, and can assemble electrical autos at Honda crops in North America.
Dave Gardner, govt VP of nationwide operations at American Honda Motor Co, stated in an announcement Honda will initially focus Prologue gross sales on California and different states like Texas and Florida.
He stated Honda plans so as to add hybrid-electric methods to extra U.S. fashions.
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“Our technique is concentrated on introducing a better proportion of hybrids in core fashions within the close to time period, making a dedicated effort to attain greater quantity resulting in the introduction of our Honda Prologue,” Gardner stated.
Reuters with additional input by GVS News Desk