Honda goes all in on EVs in contrast to rival Toyota

Honda e — The Honda e is the automaker's first mass-produced EV. (Honda)

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By:

Bloomberg

June 23, 2021 08:18 AM

Honda has become the first of Japan's automakers to state publicly it will phase out sales of gasoline-powered cars completely, setting 2040 as the goal and giving new CEO, Toshihiro Mibe, a once-in-a-career chance to put his stamp on a company that can trace its lineage back 84 years.

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