Honda Plans For Green Cars To Make Up Two-Thirds Of Sales By 2030

Feb 25, 2016 03:47 PM EST | John Nassivera

Honda has made going green a top priority, as CEO Takahiro Hachigo revealed Wednesday that the company plans on partially or fully electric cars making up two-thirds of its sales by 2030.

While vehicles with electrified powertrains currently account for about five percent of the Japanese automaker's sales, Hachigo said that hybrids and plug-ins will likely make up about half of the company's sales 14 years from now, according to The Wall Street Journal. He added that electric vehicles will account for 15 percent by this time.

The address follows a year after Hachigo was appointed Honda's chief executive, which was time when the company had to toss out its goal of selling 6 million vehicles annually by March 2017 after experiencing a series of recalls due to safety issues. However, the automaker achieved record sales in the U.S. and China, its two biggest markets, and saw a six percent increase in world-wide sales in 2015.

Hachigo added in his address that he aims to build a plug-in hybrid version of Honda's most popular models after 2018, Investor's Business Daily noted.

"For the further reduction of CO2, in addition to the advancement of downsized turbo engines, we will position plug-in hybrids at the core of the electrification in the future and introduce an all-new plug-in hybrid model in North America by 2018," he said. "After that, we will make a plug-in hybrid type available for our major models and increase the number of models sequentially."

The company's push for environmentally friendly cars should also get a boost from its second-generation Clarity fuel-cell sedan, which will be available for lease in California and will go on sale in Japan in March, and the 2017 Honda Accord Hybrid sedan, which will be exported from Japan to North America later this year, Hybrid Cars News reported.

Honda isn't the only automaker will plans to go green, with others include Toyota, which aims to make almost all of its lineup electrified by 2050, and General Motors, which plans on bringing 500,000 electrified models to the market by 2017. 

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