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 »
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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 »
Honda to invest $40 billion in electrification, launch 30 new EVs by 2030
Honda has finally announced plans to get serious about EVs, with an investment of 5 trillion yen ($40 billion) in electrification over the next decade. It aims to launch some 30 new EV models, and hopes to make EVs around 40% of its fleet by 2030. Last June, Honda announced plans to phase out sales… Read more »
GM and Honda to codevelop affordable EVs
General Motors and Honda have announced plans to codevelop “a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology.” The two automakers have been working together on electric and autonomous vehicle technologies for some time—in 2018, Honda joined GM’s battery module development efforts, and in 2020, they announced… Read more »
New CEO confirms Honda will go all-electric by 2040
Honda has become the first major Japanese automaker to set an official date for phasing out sales of fossil-powered vehicles. New CEO Toshihiro Mibe has announced that his company hopes to go all-electric by 2040. Mibe’s announcement confirms a shift that Honda has been hinting at for some months. In 2020, the company partnered with… Read more »
Honda hopes to go electric in North America by 2040, will develop solid-state batteries
Have the last two holdouts among major automakers just hopped on the electric bandwagon, or are they just indulging in some fast-follower greenwashing? Following Toyota’s announcement of a new line of battery-electric vehicles, Honda now says it plans to make battery-electric and fuel cell vehicles 100% of its North American sales by 2040. There are… Read more »
Did poor Honda e sales spur the decision to buy EV credits from Tesla?
Emissions regulations in the EU are getting tighter, and the law provides for substantial fines for automakers that can’t comply—in some cases, as much as €2,375 per car sold. This is the reason that European EV sales have been soaring, and European automakers have a massive number of new electrified models in their pipelines (did… Read more »
Honda ditches diesels, plans to phase out gas-only cars in Europe in 2022
Honda has long been considered an electromobility laggard, but tightening emissions regulations in Europe are forcing its hand. According to The Times, Honda has brought its previously-announced 2025 deadline for phasing out non-hybrid cars in the European market forward by three years. “Honda has accelerated its plans for all its European mainstream car models to… Read more »
