Regulatory policy

Mazda: Updated Mid-Term Management Plan and Management Policy to 2030

HIROSHIMA, Japan, November 22, 2022 – (JCN Newswire) – – Mazda Motor Corporation announces today an update of its medium-term management plan and its basic management policies until 2030. by CAS, Mazda sets out the basic management policies set out below and will encourage key initiatives.

Basic management policies until 2030

Mazda believes it is the duty of every company to assume its business responsibility for the earth and society and we continue to pursue research based on our human-centered philosophy. We engage in engineering and manufacturing, connecting people and developing people in ways that elevate mind and body.

1. Contribute to solving the social challenge of the fight against global warming thanks to our electrification strategy adapted to regional specificities and environmental needs

2. Conduct extensive research on people and shed light on their relationship with cars with a view to realizing a safe and secure automobile society.

3. Maintain Mazda brand value management, deliver our unique values ​​and continue to be customers’ preferred brand.

Key initiatives

Based on the idea of ​​”co-creating with others”, Mazda encourage collaborative projects with a wide range of partners, refine our unique values ​​and adapt to significant environmental changes. Additionally, we will invest in the people who are the source of our business.

1. Initiatives for carbon neutrality

To achieve carbon neutrality by 2050, we have set ourselves the intermediate objective of Mazda carbon-neutral factories globally by 2035. We will pursue this initiative on three pillars: energy conservation, shifting to renewables and using carbon-neutral fuels. In this effort, we will help achieve a sustainable circular society while coexisting with local communities and residents.

2. Electrification strategy

We have defined a three-phase approach until 2030 and will approach electrification with flexibility. In the first phase, we will use our technological strengths comprising multiple electrification technologies to achieve both a reduction in our environmental footprint and the manufacture of attractive products. In the second phase, we will introduce a new hybrid system and, in China where electrification progresses, introduce dedicated EV vehicles as well as launch battery-powered EV vehicles worldwide. In the third phase, we will promote the full launch of battery electric vehicles and consider investing in battery production. We estimate Mazda The EV ratio in global sales is expected to reach a range between 25% and 40% from 2030.

3. Value creation through co-creation between people and IT

Mazda will conduct extensive research on people to understand and create models of mechanisms between the human body and the brain in our goal to accelerate the development of advanced human-centered driver assistance technology and eliminate news Mazda vehicles as a cause of fatal accidents preventable through automotive technologies by 2040. In addition, we will facilitate investments to train digitally competent personnel who can easily use AI and IT.

4. Cost reduction and supply chain improvement

From a holistic perspective, we will look at both value chains and supply chains to completely eliminate waste, irregularities and surcharges to refine our costs, thereby improving our ability to reduce costs and our resilience to production cuts.

Around 2030, Mazda will aim to continue our research based on our human-centered philosophy, to create more moving experiences for people to enjoy while driving in their daily lives, and to provide more enjoyment in everyday life that will uplift and energize people .

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