Transportation
Honda Aims to Double Hybrid Sales by 2030 With Revamped Engines
- Hybrids are making resurgence as demand for pure EVs wanes
- Honda to overhaul chassis platforms, debut new engine systems
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Honda Motor Co. aims to double hybrid car sales by the end of the decade thanks to renewed demand in every major market except China, where new energy vehicles dominate.
The Japanese automaker has set a target of selling 1.3 million hybrids annually by 2030, effectively doubling the 650,000 it sold in 2023 outside China. To reach that, beginning in 2026 it plans to roll out two overhauled vehicle production platforms, along with a pair of gas-electric powertrains it says will be more efficient and more profitable.