AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

Japanese car-making giant Honda announced Wednesday it will speed up plans to have electric options for all new car models for the European market by 2022, as it launched its latest hybrid.

But the world's seventh-largest car maker said there were no current plans to build any new models in Europe, following its announcement in February that it was closing its UK-based plant in Swindon.

"Our full line-up will be electrified by 2022," said Tom Gardner, Honda's senior vice president in Europe.

"Customers are quite quickly moving towards cleaner, more efficient vehicles," with the rapid electrification of Europe at the forefront of Honda's business strategy, Gardner told AFP in an interview.

Honda unveiled its latest model of its popular Jazz hatchback, one of six new models planned for the European market, at an event held in Amsterdam. The new two-motor hybrid Jazz will be available for European markets by mid-2020, Gardner said, with the roll-out of five other models planned by 2022. Previously the world's seventh-largest car maker according to Global Manufacturing Magazine aimed for launching those models by 2025.

But asked whether the models will be locally made for the European market, Gardner said: "Our new hybrids are being built in Japan... and we're able to bring them to Europe."

This follows Honda's announcement that it will shut its UK plant by 2021 with the loss of 3,500 jobs, citing "unprecedented changes" in the global auto industry.

The factory in Swindon, southwest England, which is Honda's only EU plant, will shut "at the end of the current model's production life-cycle", the company announced in February, as carmakers worldwide increasingly invest in greener electric vehicles over diesel cars.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.