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Honda Motor Co.

Chief Executive Takeo Fukui said so-called plug-in hybrid gasoline-electric vehicles offered too few environmental benefits for his company to pursue, and noted that an advanced hybrid vehicle called the Chevrolet Volt that General Motors Corp. is aiming to launch in a few years made little sense.

If Honda was able to come up with low-cost, safe and high-performing lithium-ion batteries, the Japanese executive hinted Honda would rather use them for an electric vehicle.



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Honda CEO Takes Takes A Dump On GM's Volt Concept

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