Honda plans $40 billion to speed up the electrification process all solid state battery demonstration line will be launched in 2024_SMM
[Honda plans $40 billion to speed up the electrification process and launch the all-solid-state battery demonstration line in 2024] Honda plans to invest 8 trillion yen ($64 billion) in research and development over the next 10 years, of which a total of about 5 trillion yen ($40 billion) has been invested in electrification and software to speed up the electrification process.