The world’s largest manufacturer of internal combustion engines has laid out its plan to move to alternative fuels.

apanese manufacturer Honda – the world’s largest engine and motorcycle manufacturer – has announced it will cease production of all petrol and diesel engines by 2040, moving instead to electric and hydrogen power.

Honda says 40 per cent of its automobile products in major markets will be driven by either hydrogen or electricity by 2030 – with its remaining cars will have some kind of petrol-electric hybrid assistance. In Europe, all Honda cars will be either hybrid or fully-electric by 2022.

A number of electric vehicles are being introduced by the car maker in the coming years, including two models being co-developed with General Motors, set to launch in 2024.

While the company did not provide a detailed roadmap for its petrol/diesel generators and two-wheeled products, It’s revealed plans to move to ‘mobile power packs’ and electric motorcycles and scooters in the coming years.

Honda has been the world’s largest manufacturer of motorcycles since 1959, and, including its marine, gardening, and mobile generator divisions, produces the largest volume of internal combustion engines globally.

In February 2021, Honda appointed Toshihiro Mibe as its new global CEO, in response to growing concerns the company had been cutting costs – and corners – over the past decade. Mr Mibe was previously in charge of the company’s flagship research and development department.

In Australia, all Honda cars will be sold under a “non-negotiable” fixed-price system from 1 July 2021, as the brand’s local arm moves from a traditional franchise network to an agency model.

Extracted in full from: Honda to stop producing petrol cars and motorcycles by 2040 | Drive