Honda Is Finally Getting Serious About Electric Cars

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.

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Source: Fool.com