Honda to Manufacture Its Own EVs

(Investor Brand Network via Comtex)

Looking to cut their carbon emissions and reduce their reliance on the fossil fuels responsible for these emissions, several countries plan to gradually replace conventional vehicles with electric cars over the next couple of decades. The move toward electrification hasn't been limited to just governments; sensing the winds shift away from the century-old internal combustion engine, plenty of automakers have also pledged to electrify their vehicle lines. Honda, which had until recently partnered with General Motors to build EVs, has announced that it will start manufacturing its own electric vehicles ("EVs") later in the decade.

Currently, General Motors and Honda have partnered on electric and hydrogen fuel cell vehicles, with GM building Honda's first fully electric vehicles, which will go on sale in 2024. GM will build two EVs for the Japanese automaker: a Honda Sport SUV dubbed the Prologue and an Acura SUV, with Honda working on the bodies, interiors and driving characteristics, and GM using its own battery systems and EV designs. After these two electric SUVs are unveiled, Honda will start developing its own electric cars, company…


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