Japanese automaker Honda Motors has announced it will seize partaking in the global Formula One race and shift its focus to developing clean emission technology.
Honda Motors, which supplies engines in the FIA Formula One World Championship will stop its role starting from the end of the 2021 season.
Addressing the media in an online news conference, Chief Executive Takahiro Hachigo said the company will not return to the F1 as an engine provider.
Hachigo emphasized the drastic move is not an effect of the coronavirus pandemic that has disrupted every business on earth, and that the decision is on par with the company’s long-term carbon-free goal.
Honda’s announcement comes after Formula 1 announced earlier this year that it will go Carbon Neutral by 2030.“Failure to reduce CO₂ emissions will leave the sport as a pariah with no place in modern society,” the organization’s chief technical officer told.
When asked what would it mean when the carbon-neutral goal is announced, a spokesperson told The Conversation that the organization will plant more trees, and they will work with “incredible scientists and engineers in the sport to develop breakthrough carbon sequestration innovations.”
In 2018, F1 calculated their gross Carbon emission was 256,551 tonnes (not including fans’ transport to races), ESPN reported. Of the bulk, only 0.7 percent came from the race-car emissions, and the majority came from logistics of shifting freight around the world via road, rail, air, and water.
“Realization of carbon neutrality by 2050″
In a official release on Friday, Honda said it has decided to strive for the “realization of carbon neutrality by 2050,” goal which the company says is ‘once-in-one-hundred-years period of great transformation,’ in the automobile industry.
“To this end, our current goal of “electrifying two-thirds of our global automobile unit sales in 2030,” will become a checkpoint we must pass before we get to the 2050 goal, and therefore we must further accelerate the introduction of our carbon-free technologies,” Honda Chief Executive Takahiro Hachigo told in a virtual address.
As the century draws closer to the third decade of the 21st Century, and climate change surfacing up as the most pressing issue of the time, automakers around the world are progressively advancing to make clean emission technology.
Honda will now funnel its corporate resources into R&D of energy-efficient power units and technology including the fuel cell vehicle (FCV), battery EV, both of which are principals of carbon-free tech.
The company said it will also invest in developing carbon-free energy which is important for carbon-free power.
The Japanese automaker has already invested in a new center called Innovative Research Excellence, Power Unit & Energy, where the company will process resources, funds, knowledge, and experience in developing carbon-neutral tech.
“Motorsports activities are in Honda’s DNA, and therefore Honda will continue to be passionate about taking on challenges and striving to become No. 1 in all categories of racing in which Honda participates,” the company said in the release.
Honda is due to launch its first, mass-produced electric vehicle the Honda-e this month which will retail from £27,160 (35,127.39 United States Dollar) in the UK.
The Honda-e could accelerate from 0-60 miles per hour in 8.3 seconds and can run upto 137 miles at max in one charge. The car embodies some seriously futuristic, spacious, and sophisticated design and technology for a debut vehicle by the company.