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Honda Aims To Be A 100 Percent EV Brand By The Year 2040

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Honda Motor Company has aimed to be a brand independent of internal combustion engines by 2040. 

According to the newly appointed CEO, Toshihiro Mibe admits the target looks quite challenging, but the manufacturer aims to set a high target.


Apart from that, Honda also wants to ensure that the ratio of electric vehicles (EVs) and fuel cell vehicles (FCEVs) sold in the primary market reaches 40 per cent by 2030 and increases to 80 per cent by 2035 before 100 per cent by 2040 globally. 

It is understood that Honda is ready to invest a total of 5 trillion yen (RM189 billion) in the development and research (R&D) unit to achieve the target.


The announcement came a day after Japanese Prime Minister Yoshihide Suga announced a target to reduce emissions by 46 percent by 2030.

Other than that, Honda USA also announced a partnership with General Motors to introduce two new EV models to the market by the year 2024.


The two models developed from GM's Ultium platform will each be sold under two different brands, namely Honda and Acura.

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JPJ Running Numbers

KUALA LUMPUR

VQS3729

SELANGOR

BSN7028

JOHOR

JYT9475

PULAU PINANG

PSB480

PERAK

APG3497

PAHANG

CFF9999*

KEDAH

KGE9802

NEGERI SEMBILAN

NEJ9058

KOTA KINABALU

SJR1758

KUCHING

QAB4927N

Last updated 02 Apr, 2026

Fuel Price

Petrol

RON 95

RM 2.59

+0.05

RON 97

RM 3.15

+0.05

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.04

+0.05

EURO 5 B7

RM 3.24

+0.05

Last updated 26 Feb, 2026

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