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[Honda plans $40 billion to speed up the electrification process and launch the all-solid-state battery demonstration line in 2024] Honda plans to invest 8 trillion yen ($64 billion) in research and development over the next 10 years, of which a total of about 5 trillion yen ($40 billion) has been invested in electrification and software to speed up the electrification process.
The investment exceeded 550 billion yuan in the first quarter! Investment enthusiasm of lithium battery industry chain] in 2022, the investment enthusiasm of lithium battery industry chain is still high, and the head battery and material enterprises are still the main force of investment expansion. According to incomplete statistics, in the first quarter of this year, there were 62 large-scale expansion projects in the global lithium battery industry chain, with a total investment of more than 550 billion yuan. Among them, 23 were invested in power and energy storage battery industry, 38 in lithium battery material industry, 1 in power battery recycling industry, and 56 enterprises were involved in 62 investments.
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