Honda may continue IC-engine production till 2040

Honda's first EVs underpinned by a dedicated platform is expected to enter the US market sometime in 2026.

According to a media report, Honda has stated that they could continue offering internal combustion engines until 2040.

In a recent interview Toshihiro Mibe, CEO of Honda, stated that the company is running feasibility studies on future technologies. Honda is said to be conducting research to look at alternative power sources for vehicles, with internal combustion engines being one of them. The company stated that low-carbon synthetic fuels could help keep IC engines for a longer period, especially in high-performance cars, trucks and aeroplanes.

Having said that, Honda also confirmed that they are focussed on electrification and fuel cell technology for the future. The company has committed $40 billion to develop hybrid and fully-electric technologies, which it hopes will contribute to 40% of the brand's sales by 2030. Honda's first EVs underpinned by a dedicated platform are expected to enter the US market sometime in 2026. Prior to that, the carmaker will introduce 2 electric crossovers based on GM's Ultium platform in 2024.

Honda is also said to establish a standalone business next month, to develop its battery business. This, reports suggest, could eventually include developing an EV infrastructure.

Source: Reuters