Honda Doubles Down on Hybrids While Pushing EV Production to 2 Million by 2030

Honda plans to double hybrid sales to 1.3 million cars yearly by 2030 while ramping EV production to over 2 million annually by the same year. The strategy signals that the automaker expects charging infrastructure and buyer demand for all-electric vehicles to grow slower than some rivals predict, making hybrids a profitable middle ground until full electrification takes hold by 2040.