Japan-based auto giant Honda, shared its plan for electric cars almost exactly a year ago. Accordingly, Honda announced that it aims to have all of its vehicles electrified by 2040, and that it wants electric cars to account for 40% of its vehicle sales by 2030.

As Honda continues to work to achieve its goal, it today shared another statement that closely affects the auto industry. This time, the company announced a plan, not a target. Honda, 30 new electric car models by 2030 announced the launch. He also said he aims to produce two million vehicles each year.

Major investments will be made in the next 10 years:

In addition, the company is committed to electrification in the next 10 years. spend $40 billion He said he planned to. Honda’s expenses include spending on building its own electrification architecture, exploring new growth opportunities in space exploration, developing electric vertical launch vehicles and producing avatar robots.

In addition to these expenses, the company devoted equal time to research and development. 64 billion dollar investment will make. Finally, every year the company is also committed to initiatives that will allow Honda to expand its business. $80 Billion Investment will leave.