SOURCE: cnn.com

 

Europeans who want to buy a Honda powered exclusively by gasoline or diesel need to act quickly.

The Japanese carmaker announced Wednesday that it will sell only electric and hybrid vehicles in Europe starting in 2022, three years earlier than previously planned.
Honda (HMC) said that the accelerated timetable reflects its confidence in green technology and regulatory changes that have upended the industry in Europe.
“The pace of change in regulation, the market, and consumer behavior in Europe means that the shift towards electrification is happening faster here than anywhere else,” said Tom Gardner, senior vice president at Honda.

 

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