Japan's Honda steps up electrification investment to $65 billion through FY2030

Japan's Honda raises electrification investment to $65 billion through FY2030 TOKYO (Reuters) -Japan's Honda Motor pledged to double its electrification and software investment to about $65 billion over the 10 years running through the 2030 business year, it said on Thursday. Honda CEO Toshihiro Mibe told a press conference the automaker planned to spend a total of 10 trillion yen ($64.88 billion) on electrification and software over the period, doubling the amount it had pledged in April 2022. The company, …