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Honda to phase out gas-powered cars in North America by 2040

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NEW YORK - Japanese automaker Honda said Friday that it plans to phase out all of its gasoline-powered vehicles in North America by 2040, making it the latest major automaker with a goal of becoming carbon neutral.The announcement came as leaders of the major global economies met for President Joe Biden's climate summit.

Biden has an ambitious goal of slashing America’s greenhouse gas emissions in half by 2030.Honda CEO Toshihiro Mibe said the company expects that 40% of all of its North American vehicle sales will be battery or fuel-cell powered by 2030, and 80% of all vehicles sold will be battery-electric or fuel-cell powered by 2035.Delta said the money would go into things such as boosting fuel efficiency and investing in efforts to.

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