• Most Popular
  • Most Shared

Honda eyes electric car launch in major markets

TOKYO
Tue Oct 20, 2009 2:40am EDT

Related News

TOKYO (Reuters) - The head of Honda Motor Co said he would consider launching electric cars in the United States, Europe and Japan, a sign Japan's No. 2 automaker is changing its strategy for the next generation of fuel-efficient vehicles.

Japan

Honda has been a strong proponent of hydrogen fuel-cell vehicles as the most promising zero-emission alternative to today's combustion engine cars, dismissing plug-in electric cars as a short-range option that uses too many expensive batteries.

But Honda has recently said that slow progress in setting up hydrogen fuelling stations could limit the sale of its fuel-cell vehicles, and that it may need pure electric cars to meet tough regulations in California.

Chief Executive Takanobu Ito said that in addition to the U.S. market, the automaker would consider electric cars for other markets including Europe and Japan.

Ito told an industry seminar that he still believed that hydrogen fuel-cell vehicles would in the end be the key car technology but that electric cars would be a core offering for it in the future.

(Reporting by Yoshifumi Takemoto; Editing by Chris Gallagher)



More from Reuters

Photo

Honda expands airbag recall as more Toyotas probed

TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its largest-ever safety crisis. | Video

A worker walks on steel frames at a construction site in central Beijing January 27, 2010. REUTERS/Loic Hofstedt
Analysis:

China's boom may lead to bust

The housing market is becoming the investment of choice for the Chinese, which is making policymakers very nervous.  Full Article