Honda and EV battery manufacturer Contemporary Amperex Technology (CATL) have signed a cooperation agreement to develop EVs. CATL will provide Honda with 56 GWh worth of EV batteries by 2027. CATL will also set up a local office in the Japanese city of Utsunomiya, the location of Honda’s Automobile R&D Center.
The cooperation agreement will help Honda realize its goal to launch more than 20 electric vehicles in China by 2025, and electrify two thirds of its vehicle portfolio by 2030.
“Customer-centered is the philosophy that CATL has always insisted on,” said Naosumi Tada, head of CATL’s Japanese subsidiary. “We hope that we can establish more efficient communication channels, more timely response mechanisms, and establish a closer relationship for further cooperation. Honda and CATL have worked closely on advanced and reliable battery solutions for Honda’s future electric vehicle applications. In the future, we will support Honda not only in China and Japan, but also to create world-leading electric vehicles that serve global consumers.”
Source: Contemporary Amperex Technology