Honda Is Well-Positioned to Compete With Global EV Rivals: CEO

Honda Is Well-Positioned to Compete With Global EV Rivals: CEO

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Business, Biology, Architecture

University

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Honda aims to go all-electric by 2040 and achieve carbon neutrality by 2050. The company is focusing on electric and fuel cell technologies to compete in the global EV market, acknowledging the lead of US and European car makers. Honda has partnered with GM to develop electric vehicles, with plans to release new models in 2024. The company is open to forming alliances in various sectors to enhance its market position, exploring collaborations that combine automotive and entertainment industries.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What considerations might lead Honda to reconsider its target for carbon neutrality?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of companies is Honda interested in forming alliances with to strengthen its position in the global market?

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