Honda Motor has planned to stop its involvement in the FIA Formula One World Championship when 2021 season terminates.
Preparing to consider emission-free technology, the company won’t cooperate with F1. Announcing the stoppage, Takahiro Hachigo, the chief executive, said that the decision has nothing to do with the Covid-19 as we are working on the long-term carbon-free plans.
Honda plans to manufacture new vehicles as the competitive auto manufacturers are focused on low or even zero-emission vehicles.
The company, which used to build engines for the Red Bull Racing team, announced that it will speed up its effort to build emission-free engines including fuel cells and batteries.
The Multinational conglomerate company will start up its first all-battery car in mass production in October. It also strives to set aside two thirds of the company’s production to new-energy vehicles by 2030.