Search Results Found For: "HONDA"

Honda and Mitsubishi form EV joint venture

Japanese automotive manufacturers Honda Motor and Mitsubishi have announced plans to establish a new 50/50 joint venture (JV) company called ALTNA in July 2024. The new JV is based on an agreement the two companies signed in October 2023 to collaborate on new EV businesses. ALTNA will combine Honda’s control and connected technologies for EVs… Read more »

Honda to invest $65 billion in EVs over 7 years

Honda, like its larger compatriot Toyota, is a former environmental leader turned laggard. However, in both cases, we’ve been seeing indications that a new, slightly more EV-friendly strategy may be in the offing. Honda recently announced new investment of 10 trillion yen ($65 billion) in electrification, saying that it expects demand for battery EVs to… Read more »

BMW, Ford and Honda to create new company to facilitate EV grid services

In September, BMW, Ford and Honda agreed to form an equally owned company named ChargeScape to create a platform connecting electric utilities, automakers and interested EV customers. It is expected to be operational early in 2024. ChargeScape is designed to increase the value EVs can provide to the electric grid and to enable EV customers… Read more »

Honda’s Ohio manufacturing facilities prepare for electrification

Honda’s largest engine plant, in Anna, Ohio, has produced its 30-millionth unit, a 2.0-liter, four-cylinder Atkinson-cycle engine for the hybrid-electric system powering Honda Accord and CR-V hybrid vehicles. As part of its electrification strategy, the company is investing $700 million to retool three of its Ohio facilities to create a Honda EV Hub in the… Read more »

Vitesco Technologies supplies e-drives to Honda

Vitesco Technologies, an electrification solutions supplier, is providing Honda’s new B-segment electric sport utility vehicle (SUV) with its third-generation integrated axle drive. The new B-segment SUV’s e:N Architecture F will be sold as e:Ny1 in Europe. The four-door e:Ny1 has a 412 km range under worldwide harmonized light vehicles test procedure (WLTP) test conditions. Vitesco’s… Read more »

Honda and LG Energy Solution to build battery factory in Ohio

In February, Honda and South Korea-based battery maker LG Energy Solution held a groundbreaking ceremony for a new joint-venture EV battery plant near Jeffersonville, Ohio. The companies say they have committed $3.5 billion to the project, and overall investment is projected to reach $4.4 billion. Plans call for the facility’s completion by the end of… Read more »

CATL to supply Honda with 123 GWh of EV batteries by 2030

CATL and Honda Motor China have announced that Honda will purchase 123 GWh of CATL’s EV batteries in China from 2024 through 2030. In 2020, CATL and Honda signed an agreement to form a strategic alliance, which has enabled the two companies to cooperate in a broad range of areas, including joint development, stable supply… Read more »

Hitachi Astemo to supply Honda with e-axles

Electric powertrain company Hitachi Astemo has received e-axle orders for mid- and large-sized EVs from Honda. (Hitachi Automotive Systems, Keihin, Showa and Nissin Kogyo all merged to form Hitachi Astemo in 2021.) Hitachi Astemo’s e-axle is composed of its SiC inverter, which has a heat-dissipating insulation mounting system, its square-wire and low-loss motor, and a… Read more »

LG Energy Solution and Honda form JV for EV battery production in the US

LG Energy Solution and Honda have agreed to establish a joint venture to produce lithium-ion batteries in the US to power Honda and Acura EV models for the North American market. The two companies will invest a total of $4.4 billion to establish a new US plant that will eventually have an annual production capacity… Read more »