HONDA TARGET CARBON NEUTRALITY
To accommodate a variety of uses and needs of customers around the world , Honda offers a wide range of motorcycle products , from small commuter models to large fun models , which are used globally in both emerging and advanced countries . In emerging nations , especially , there is high demand for motorcycles , mainly commuter models , as a lifeline of people in their everyday life ; however , popularisation of electric models faces challenges such as heavier vehicle weight and higher prices . Also , demand for electric models depends largely on government incentives , regulations and availability of charging infrastructure in each respective market .
Considering these circumstances , Honda will accelerate the electrification of motorcycles as the primary focus of environmental strategies for motorcycle business , while also continuing to advance ICE , aiming to achieve carbon neutrality for all of its motorcycle products during the 2040s . Moreover , Honda will continue to lead the industry at the forefront of its environmental initiatives .
In order to realise carbon neutrality while accommodating the wide range of customer needs and usage environments unique to motorcycles , Honda continues its initiatives to reduce CO2 emissions from ICE models , while also developing models compatible with carbon neutral fuels such as gasoline-ethanol blends . To be more specific , in addition to Brazil where flex-fuel ( E100 ) * 1 motorcycle models are already available , Honda plans to introduce flex-fuel models in India , as well , one of the major motorcycle markets . The plan is to first introduce flex-fuel ( E20 ) * 1 models beginning in 2023 , and flex-fuel ( E100 ) models in 2025 .
Anticipating market expansion , Honda will introduce electric motorcycles that accommodate a wide range of customer needs . Commuter models and fun models combined , Honda will introduce more than 10 new electric motorcycle models by 2025 , with an aim to reach annual electric motorcycle sales of 1 million units within the next five years , and 3.5 million units ( approximately 15 % of total sales ) as of 2030 .
As businesses are becoming more environmentally conscious , demand for business-use electric motorcycle models has been on the rise in recent years . To fulfill such demand , Honda has been offering the Honda e :
Business Bike series models and accelerating the global launch of business-use electric motorcycles . In addition to providing a Honda e : Business Bike series model to Japan Post and Vietnam Post Corporation * 2 for mail delivery , Honda is currently conducting joint trials with Thailand Post Company Limited * 3 , and planning to begin production and sales of the Benly e : in Thailand before the end of this month . These Honda e : Business Bike series models are equipped with Honda Mobile Power Pack ( MPP ) swappable batteries , which are well-suited to business use such as the delivery of small packages and resolve issues of range and charging time , which are key challenges that need to be addressed to realize widespread use of electric motorcycles .
For personal use , Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia , Europe and Japan . Envisioning the future market environment , uses and technological advancements , Honda is exploring a range of future personal-use models including ones equipped with a power source besides swappable batteries .
Currently , EMs * 4 and EBs * 5 account for more than 90 % of industry-wide global electric motorcycle unit sales ( approximately 50 million units ). In China , the world ’ s largest electric motorcycle market , EMs / EBs are widely adopted as a convenient form of everyday mobility , and Honda has been offering such products by leveraging its local supplier infrastructure and development / manufacturing operations . With the expectation that demand for EMs / EBs will be expanding globally , Honda plans to introduce a total of five compact and affordable EM and EB models between now and 2024 across Asia , Europe and Japan , in addition to China .
In addition to commuter EVs , Honda is actively developing electrified models in the “ FUN ” category . Based on its FUN EV platform currently under development , Honda plans to introduce a total of three large-size FUN EV models across Japan , the U . S and Europe between 2024 and 2025 . Honda will also introduce Kids Fun EV model , designed to pass on the joy of riding to the next generation .
Based on its competitive “ Monozukuri ” ( art of making things ) know-how , amassed through the development and application of platforms for ICE-powered models , Honda will develop and apply electric motorcycle
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