TOKYO -- Honda Motor is postponing the start of production in Japan of next-generation fuel cell modules from the previously scheduled fiscal 2027 to an unspecified year under plans announced Monday. The company will also reduce planned manufacturing capacity by around 30%, as high costs limit adoption of the electrified vehicles.
Automobiles
Honda delays, cuts target for Japan fuel cell production plans
Demand remains sluggish amid high costs, insufficient hydrogen infrastructure
Honda Motor still plans to have electric vehicles and fuel cell vehicles account for 100% of its new-auto sales by 2040. (Photo by Shoya Okinaga)
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