12/6/2023, 4:35 PM (Source: TeleTrader)
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Honda to reveal new EVs in January

Honda Motor Co., Ltd. announced on Wednesday it will reveal a new series of electric vehicles (EV) on January 9 during the upcoming Consumer Electronic Show (CES) that will be held in Las Vegas.

Intending to put 30 new EVs into the market by 2030, the Japanese car manufacturer noted in a statement that on the scheduled date the new "EV series models and several key technologies" will be introduced to "illustrate the significant transformation Honda is currently undergoing." The company said it expects a global sales volume of 2 million units.

Earlier, Honda uncovered a new investment of about ¥500 billion, or approximately $3.4 billion, to promote the electrification of its motorcycle business.

Baha Breaking News (BBN) / AC