Honda is an engine company at its heart. It makes very reliable, long lived engines.
They refine technology not really invent it (maybe invented VTEC). The transition to EV will be very gradual, I don’t even think we have enough rare earth metals and electrical grid capacity to go even twice as fast in adoption?
Honda is waiting for the standards and technology to settle out and become commodity technology, then they implement and iterate to a refined and reliable product.
It doesn’t seem like a winner take all market for EV? What would be the most? Perhaps I am ignorant on that part of market dynamics.
*edit for typos