Honda plans to produce EV in China next year

Honda currently has 21 models in China, covering sedan, SUV, and MPV segments. In 2016, Honda launched its first new energy vehicle in China, Accord Sport Hybrid. Later it launched another two models: CR-V Sport Hybrid and Spirior Sport Hybrid.

In the future, Honda will accelerate its layout of new energy vehicles in China. According to Honda China, it will release its strategy of electric vehicle in Chinese market on December 12, 2017. The Japanese automaker will launch a pure electric vehicle designed for the Chinese market next year.

The new strategy will set the tone for Honda`s development in Chinese market. Honda released "Honda Vision 2030" on June 7 this year. It says that by the year of 2030, two thirds of the global Honda car sales will be electric products. Electric vehicles have become a general direction for Honda's future development. In 2018, Honda will launch its first electric car exclusively for the Chinese market.

China has become the largest market for new energy vehicles in the world. In 2017, the sales volume of new energy vehicles in China will exceed 700,000 units. Under the pressure of market demand and policies like the dual-credit system to be implemented in 2019, major auto enterprises have embarked on the layout in the market of pure electric vehicles and plug-in hybrid vehicles.

Currently, Volkswagen, Nissan and other auto enterprises are also accelerating their layout of new energy products. Volkswagen will launch its first electric SUV next year and another two new energy vehicles, e-Golf, and Variant GTE. Nissan, along with Renault and Dongfeng has set up a new joint venture, which will manufacture pure electric vehicles in the future. When Honda's pure electric model is manufactured in China, Honda will compete with Volkswagen, Nissan and other brands in the field of new energy.