Honda dropped its 2040 combustion-free target and teased 15 new hybrids, signaling hybrids will anchor Honda and push Acura toward a hybrid-only lineup late this decade.
Market Research Future projects the global automotive industry rising from $4,357.69B in 2025 to $8,508.56B by 2035, driven by EV demand, safety tech, and smart systems.
The global used car market is projected to reach USD 2.7 trillion by 2031, driven by new car affordability issues and rising EV inventory, with petrol retaining a 40% volume share despite diesel restrictions.