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.
Japan carmaker confronts investment and regulatory challenges

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)
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.