Honda to develop three new electric vehicle platforms by 2030 – Executive

Honda SUV e: A prototype electric car is seen during an information day for the Shanghai Auto Show in Shanghai, China, April 20, 2021. REUTERS/Aly Song

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April 21 (Reuters) – Honda Motor Co. (7267.T) plans to build millions of electric vehicles by 2030 using three new custom platforms, one to be developed jointly with US partner General Motors (GM.N). Said a senior executive of the Japanese automaker.

Shinji Aoyama, global head of Honda’s electric sector, told Reuters on Thursday that the company will launch a small commercial electric vehicle in Japan in 2024, built on a new electric micro-platform. This will be followed by a full-size electric model in North America in 2026 on a new large platform.

Both systems will be used for other models.

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Speaking on a video call, Aoyama said that a third platform, which he described as “mid-size,” will be shared with GM, starting in 2027.

The two companies said in early April that they would jointly develop “affordable electric vehicles” for global markets, but released some other details. Read more

“It has not been decided whether it will be based on Honda’s architecture or GM’s platform,” Aoyama said.

“We have not decided which factories (or) what will be produced,” he added. “But we will share the bill of the process ‘to manufacture’ to enable the cars to be produced in ‘Honda plants or GM plants.

General Motors is building two premium electric SUVs for Honda in North America, starting in 2024, based on a custom EV platform that powers GM’s Cadillac Lyriq. Read more

Oyama said Honda has agreed to use GM’s next-generation Ultium battery, although the specifications have not been finalized. But he said the Japanese automaker had no plans to participate in a joint venture for General Motors’ Ultium batteries with South Korea’s LG Energy Solution (051910.KS).

Honda said it plans to build 2 million electric vehicles globally by 2030, including midsize models being developed with General Motors.

Oyoma said Honda is targeting production of 750,000 to 800,000 electric cars in North America in 2030, roughly the same in China, with another 400,000 to 500,000 vehicles in Japan and other markets.

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(Paul Linert reports in Detroit.) Editing by Kenneth Maxwell

Our Standards: Thomson Reuters Trust Principles.

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