Honda Is Finally Getting Serious About Electric Cars
Investors have been wondering when Honda (NYSE: HMC) would get with the electric-car program, and now there's an answer. At the International Motor Show in Frankfurt, Honda's CEO unveiled a show car called the Urban EV Concept -- and said it previews a new electric Honda that will debut in 2019.
"This is not some vision of the distant future," Honda CEO Takahiro Hachigo said, with the grandiose promises of some rivals clearly in mind. "A production version of this car will be here in Europe in 2019."
Honda CEO Takahiro Hachigo with the Urban EV Concept, a preview of a new electric car that Honda will launch in 2019. Image source: Honda Motor Co., Ltd.
Source: Fool.com
General Motors Corp Stock
€42.27
1.450%
Currently there is a rather positive sentiment for General Motors Corp with 36 Buy predictions and 9 Sell predictions.
With a target price of 48 € there is a slightly positive potential of 13.56% for General Motors Corp compared to the current price of 42.27 €.
