Honda to Spend $65 Billion on EVs, Self-Driving Tech

May 16 (NHK) - Honda Motor says it will invest 10 trillion yen or roughly 65 billion dollars in electric vehicles and software for self-driving technology through fiscal 2030.

Mibe Toshihiro, President and Representative Executive Officer of Honda Motor, said, "Our main objective is to prepare for the medium and long term by building strong EV brands and business models. And we're doing that with an eye on the period when EVs will become more common in the late 2020s and beyond."

The Japanese automaker has said that by 2040, EVs and fuel cell vehicles will make up 100 percent of its sales. Mibe says that target hasn't changed.

Honda plans to launch a new EV series from 2026 and sell seven models worldwide by 2030.

The company also aims to strengthen its battery development and supply systems. It wants to reduce procurement costs in North America by more than 20 percent.

In Canada, Honda hopes to cut production costs at a dedicated EV plant by about 35 percent. The factory is expected to go online in 2028.

Father Admits Killing and Body Abandonment in Kyoto

Police investigating the death of an 11-year-old boy whose body was found in a forest in Kyoto Prefecture believe his father moved the remains between several locations over a number of days in an apparent attempt to conceal the crime.

Strong Typhoon Raises High Surf Risk for Pacific Areas of Japan This Weekend

A large and powerful Typhoon No. 4, internationally named Sinlaku, was located near the Mariana Islands and moving north-northeast as of the latest update. The storm is expected to gradually shift its course eastward and pass southeast of the Ogasawara Islands around April 18, before making its closest approach around April 19.

Japan to Release 50 Million Stockpiled Medical Gloves

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Tateyama Kurobe Alpine Route Fully Reopens

The Tateyama Kurobe Alpine Route connecting Toyama and Nagano fully reopened on April 15th, marking the start of the spring tourism season along one of Japan’s most celebrated mountain routes.

Typhoon No. 4 Slowly Weakens, Ogasawara Islands Expects Rough Seas

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