Honda Executive Vice President Noriya Kaihara said the Japanese automaker is close to full production capacity in North America and needs a new factory. In May, Honda abandoned its long-term electric vehicle sales targets, which included a goal to have EVs represent 20% of its new car sales by 2030 Key points and original sources are listed below.

• Honda Executive Vice President Noriya Kaihara said the Japanese automaker is close to full production capacity in North America and needs a new factory.S1

• In May, Honda abandoned its long-term electric vehicle sales targets, which included a goal to have EVs represent 20% of its new car sales by 2030S2