Honda aims for 100% electric vehicles by 2040, says new CEO

Honda Motor new CEO Toshihiro Mibe attends his inaugural news conference in Tokyo, Japan April 23, 2021. REUTERS/Issei Kato

TOKYO (Reuters) -Honda Motor Co is aiming to increase its ratio of electric vehicles (EVs) and fuel cell vehicles (FCVs) to 100% of all sales by 2040, chief executive Toshihiro Mibe said on Friday.

Speaking at his first news conference since taking the helm of Japan's second-largest automaker at the beginning of April, Mibe said the company supported the government's green goals.