Copyright jalopnik
While the EV strategy is getting admittedly "difficult," according to Mibe, the company will instead try to grow its hybrid business. In 2027, Honda plans to launch a revamped hybrid drivetrain that will be more powerful and efficient than the one currently on sale, and it should bring production costs down about 20%. To help with tariffs, Honda is also planning to increase the amount of U.S.-made content within its hybrids. "For the time being, we will base our business on hybrid vehicles, and then make decisions about battery EVs," Mibe said. At a different point during the sit-down, Mibe talked about decades far in the future, like 2040 or 2050, when electrification would have to "move faster." It sure sounds like Honda isn't planning for the total EV revolution to come anytime soon. In the nearer future, Mibe says hybrid volume will continue to increase through 2030. Right now, Honda sells about 800,000 hybrids per year. The goal is to get that number over 2 million by 2030.
