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Honda Cars India will launch at least five SUVs in India by 2030. Honda will be making new investments to launch the upcoming five SUVs in India.
Honda Motor Company announced that it will launch only SUVs in India, and its aim is to attain carbon neutrality by accelerating the electrification attempt in the Indian market. Honda declares that the company sees the Indian market as one of the biggest automotive markets. Honda sells two-wheelers and the Amaze and City Sedans in India. As part of the company’s growth strategy, Honda will invest in India’s EV market.
The president and CEO of Honda Motor, Mr. Toshihiro Mibe, stated that India is the seventh biggest market for Honda, and the company aims to speed up the electrification process of vehicles in the country. India is a wide market, and electrification is speedily progressing for two- and three-wheelers in this market.
The Co-President, CEO, and Head of Regional Operations (Asia and Oceania), of Honda Motor, Mr. Toshio Kuwahara, stated that India has a large scale, which is why this is an important market for the automaker. He said that "when we look at the Asia Pacific region, electrification or the market for electric vehicles is going to be critical, and because India is an important one, we think that there should be an emphasis on India as well."
Honda Motor Company announced that its aim is to attain carbon neutrality by 2050. Honda Cars India will launch at least five SUVs in India by 2030. One of the SUVs will be an electrical model. The upcoming EV will be based on the recently launched Honda Elevate. The company announced that it is planning to launch more SUVs in India because, over the last few years, the demands and sales of sports utility vehicles have grown rapidly. Honda has discontinued hatchbacks like the Jazz and Brio. Honda has stated that it is open to the idea of forming new alliances with other companies if it is a win-win situation for both companies. Honda will be making new investments to launch the upcoming five SUVs in India.
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Published On : 26 April 2018
The sporty looking sedan is based on Hyundai’s Elantra.
