Honda Motor Co. (NYSE: HMC) presented the Ye Tuesday series today. The Japanese automaker said the all-new series of electric vehicles is aimed at the Chinese market. Honda (HMC) plans to launch a total of six Ye series models in China by 2027.
Honda (HMC) currently offers the e:N series EV models in China, where the electrification of automotive products is underway, and the all-new Ye series models will be a new addition to the lineup. The all-new Ye P7 and Ye S7, the first set of models in the Ye series, have been developed by Honda (HMC) based on the newly developed dedicated EV platform and will be available in a one-engine rear-wheel drive model and a one-engine model. four-wheel drive with two engines. The brand new Ye P7 and Ye S7 models are scheduled to go on sale at the end of 2024.
Honda (HMC) plans to display a wide variety of electrified models at the 18th Beijing International Automobile Salon later this month, including next-generation EV models, namely Ye P7, Ye S7 and Ye GT CONCEPT unveiled Today. such as e:NP2 and e:NS2, the second set of e:N series models and more plug-in hybrid models.
Honda Motor (HMC) shares fell 1.53% in premarket trading Tuesday. Over the past 52 weeks, Honda (HMC) has gained 16% representing the 5th best return among 23 stocks in the automotive manufacturing sector.