$40B Investment Crucial to Go Fully Electric: Honda CEO
Honda's CEO Toshihiro Mibe told Bloomberg $40 Billion worth of investment to produce 2 million electric vehicles over the next 10 years is a necessary step to achieve it's ultimate target of going complete carbon neutral by 2050. Mibe spoke to River Davis on Bloomberg news about how it aims to become a major player in the competitive global electric vehicles markets. The interview occurred on April 12th
About Car
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat 1-8 people, have four wheels, and mainly transport people rather than cargo. There are over 1.6 billion cars in use worldwide as of 2025. The French inventor Nicolas-Joseph Cugnot built the first steam-powered road vehicle in 1769, while the Swiss inventor François Isaac de Rivaz designed and constructed the first internal combustion-powered automobile in 1808. The mode...
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