Honda will phase out gas-powered cars by 2040
Honda said it will stop selling gas-powered vehicles by 2040. The automaker expects 40 percent of its sales globally to be comprised of battery-electric and fuel-cell vehicles by 2030, followed by 80 percent in 2035, and 100 percent of sales by 2040.
Honda is the latest car company to commit to an all-electric future, with General Motors, Ford, Volkswagen, Volvo, and others making similar promises in recent months. Honda also said it would “strive to realize carbon neutrality for all products and corporate activities” by 2050.
The announcement came from Honda’s new CEO, Toshihiro Mibe, who took the helm in April. Speaking at a…