Honda to spend $87 billion on R&D as it revs up electric ambitions

The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, on March 22, 2022.Reuters Japan's Honda Motor Co Ltd plans to spend $64 billion (S$87 billion) on research and development over the next decade, the company said on Tuesday, laying out an ambitious target to roll out 30 electric vehicle...