Monday, May 27, 2024
NewsHonda will produce its first in-house EVs in 2025

Honda will produce its first in-house EVs in 2025

  • Production of the first in-house developed EV is set for 2025.

  • Honda is planning a zero emission fleet by 2040.


 

While the industry is applying brakes on its electrification plans, Honda is on the other hand pursuing its transition towards its zero emission goals. Indeed, despite its delay in the 100% electric segment, the Japanese automaker is even confident of starting production of its first in-house-designed electric vehicles and battery packs developed in cooperation with LG Energy Solution in 2025.

2024 Honda Prologue | Photo: Honda

Considering the advantages of production on North American soil – vehicles assembled in North America using batteries assembled in one of the countries included in the free trade agreement are eligible for a $7,500 federal tax credit in the USA – Honda plans to invest heavily in the local assembly of its future electric vehicles.

The Ohio plant that will produce EVs and batteries will cost $3.5 billion, but the automaker’s efforts don’t stop there. In fact, $700 million will be injected into the reorganization of three existing plants for the assembly of electric vehicles expected in a few years’ time.

2024 Acura ZDX Type S | Photo: Acura

For the time being, the Japanese automaker is still relying heavily on ICE and hybrid technology, as the car giant’s strategists believe that this avenue is more appropriate for North American consumers. But as the infrastructure develops, Honda will be able to accelerate its electric vehicle production and aim for a zero-emission range (electric and fuel cell) by 2040. As for 2050, Honda also wants to achieve carbon neutrality in around 25 years’ time.

Honda has also declared that its Marysville, Ohio plant will be the first to assemble vehicles designed in-house. At this time, Honda is counting on two electric crossovers coming to market soon: the Honda Prologue and the Acura ZDX, both based on the Ultium platform developed by General Motors.

The transition will take place gradually, as Honda prefers to continue producing vehicles with internal combustion or hybrid powertrains, despite the current enthusiasm for electric technology.

The first true electric Honda model, based on the e:Architecture, will be a mid-size crossover. In 2026, a second, compact-sized crossover is planned, following the example of Acura, which will have its own version of this smaller vehicle.

And let’s not forget the Afeela joint venture, which intends to use the same electric platform for its electric vehicles. Further details about this other joint venture are still to come.

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