Story at a glance Honda said it is targeting annual sales of 1 million units over the next five years and 3.5 million units, about 15 percent of total sales, by 2030. Most models will be commuter scooters for the Asian and European markets, while four “Fun EV” models are expected to debut in the U.S., Europe and Japan. Honda acknowledged integration of electric bikes faces many challenges including heavier vehicles and higher prices in the near term. Honda is ramping up production of electric motorcycles as part of efforts to become carbon neutral by 2040. The world’s largest motorcycle manufacturer announced Tuesday plans to launch more than 10 electric m
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