Honda has announced that it will no longer sell diesel-powered cars in European markets by the year 2021. The announcement is part of the new direction that Honda will take, where it will only sell electric vehicles or hybrids in Europe by 2025. Honda's new direction will be in accordance with the European Union's direction to drastically reduce C02 emissions.
The company also stated that will produce a its E concept car in Europe in the future. The car was recently displayed at the Frankfurt Motor Show, where it was labeled a concept car but the car will be produced to cater to European markets.
Honda's decision to no longer sell diesel-powered cars will help the company adjust to the new regulations in the region. As well as cater to environmentally conscious consumers.
Eco-Friendly Car Production
Honda Announced It Will No Longer Sell Diesel-Powered Cars in Europe
Trend Themes
1. Electric Vehicle Adoption - Honda's decision to only sell electric vehicles or hybrids in Europe by 2025 highlights the growing trend of electric vehicle adoption in the automotive industry.
2. Transition to Sustainable Manufacturing - Honda's commitment to no longer sell diesel-powered cars in Europe represents a broader trend of industries transitioning towards more sustainable manufacturing practices.
3. Eu's CO2 Reduction Initiatives - Honda aligning its car production strategy with the European Union's direction to reduce CO2 emissions showcases the trend of companies adapting to and supporting environmental initiatives.
Industry Implications
1. Automotive - The automotive industry is grappling with the disruptive innovation opportunity of shifting towards more sustainable and environmentally-friendly car production methods.
2. Electric Vehicles - The electric vehicle industry stands to benefit from Honda's commitment to only sell electric vehicles or hybrids in Europe, as it further drives the adoption and demand for electric vehicles.
3. Manufacturing - The manufacturing industry has an opportunity to embrace sustainable practices and adapt their production processes to meet the changing demands for environmentally-friendly goods.