Product Initiatives

Product Initiatives

Honda has set its 2030 target ratio of electrified products sold globally to 15%, 30% and 36%, and CO2 emissions*1 reduction by 34.0%, 27.2% and 28.2% (compared to FY2020) for its motorcycle, automobile and power products respectively.
To achieve these targets, Honda will expand and enrich its product lineup to increase business opportunities.

  • Global average by product

Target Ratio of Electrified Products in 2030

Automobiles

30%Automobiles

Motorcycles

15%Motorcycles

Power Products

36%Power Products


Targets Toward the Realization of Net Zero CO2 Emissions

Automobiles

Automobiles

  • Increase EV/FCV unit sales ratio to 100% globally by 2040.
  • Increase annual global production capacity to 2 million units by 2030.
Automobile Business
Strategies
Motorcycles

Motorcycles

  • Introduce 10 or more electric motorcycle models globally by 2025.
  • Increase annual sales of electric models to 3.5 million units (15% of overall unit sales) as of 2030.
Motorcycle Business
Strategies

Other Areas

For resource circulation of products, Honda has been carrying out research on reuse schemes and technologies, as well as recycled materials (biomass materials), for all parts and materials used in each product. At the same time, Honda has set an internal milestone for achieving 100% use of sustainable materials by 2050 and already initiated related efforts toward this goal.


Report