Honda Will Phase Out ICEs by 2040
April 27, 2021—Honda says that it will no longer produce gasoline-powered vehicles by 2040, reports the Associated Press.
CEO Toshihiro Mibe said the company could have 40 percent of all North American vehicle sales as battery of fuel-cell models by 2030, doubling that by 2035.
Honda's platform will be called eArchitecture, AP reports. The vehicles will begin to emerge in the market by the mid-to-late-20s.