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Honda ready for quicker shift to all-electrified lineup, CEO hints

2040 goal poised to move up five years with proposed EU ban on gasoline autos

A Honda e electric car is displayed at the Brussels Motor Show in January 2020. The automaker may hasten the phaseout of gasoline vehicles if the European Union approves new emissions rules.   © Reuters

TOKYO -- Honda Motor is prepared to shift to selling only electrified vehicles earlier than planned if the European Union tightens regulations sooner, President and CEO Toshihiro Mibe said Friday in the first comment by a major Japanese automaker's top executive on the EU proposal.

"If the rules change, we'll have no choice but to respond," Mibe told reporters. Honda's transition to selling only electrified vehicles "could be expedited," he said.

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