Honda Launches Updated Freed Minivan, Including Two-Motor Hybrid [BNN Bloomberg (Canada)]
Ford Motor Company (F)
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Source: BNN Bloomberg
The new models have been made more spacious to accommodate six people easily. The Freed, which comes in both combustion engine and hybrid versions, is one of Honda's top-selling models in the non-compact segment, and the automaker has set an annual sales target of 700,000 units. As of Thursday, Honda had received 24,000 orders for the new models since pre-orders opened in May, with hybrids — which start at around ¥2.9 million ($17,800) accounting for 85% of those. Some of world's largest automakers, including Ford Motor Co., General Motors Co., Volkswagen AG and even Tesla Inc., have been dialing back their EV ambitions in recent months as hybrids gain in popularity. By 2030, Honda too aims to produce 2 million hybrids a year. “Hybrids are regaining popularity in Japan and we aim to continue selling them to achieve our goal of carbon neutrality” by 2050, Noriyuki Takakura, Honda's vice president of Japan operations, said at a press conference on Thursday. Honda has set a mont
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