Honda accelerates along EV road under new CEO Mibe

Japan carmaker confronts investment and regulatory challenges

20210422 Honda CEO Toshihiro Mibe

Honda CEO Toshihiro Mibe attends a news conference in Tokyo on April 23. The company is expanding its electric vehicle targets. (Photo by Tetsuya Kitayama)

ERI SUGIURA, Nikkei staff writer

TOKYO -- Honda Motor is accelerating its rollout of electric vehicles, responding to regulatory and consumer pressure to step away from making traditional gasoline-powered cars and compete with the likes of Tesla Motors.

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