Tokyo: The Chief Executive Honda Motor Co said on Friday, Japanese car makers were willing to form new alliances to make profitable electrification.
“If through the Honda alliance, it can reach earlier what should be improved, then we will be willing to form an alliance,” said Toshihiro Mibe at the Press Round table, when asked how he imagined the global alliance on electrification.
Honda said the company aims to increase the ratio of electric vehicles (EV) and fuel cell vehicles (FCV) up to 100% of all sales in 2040.