Green Car Congress
JULY 10, 2020
Limited (CATL) and Honda have signed an agreement to form a comprehensive strategic alliance on new energy vehicle batteries to strengthen their strategic partnership and promote the popularization of electrified vehicles. CATL will provide stable supply of NEV batteries to Honda, mainly for battery electric vehicles (BEVs).
Baua Electric
MAY 16, 2024
Honda is done standing by while rivals like Tesla and BYD steal market share. To stay competitive, Honda is doubling its investment in EVs to $65 billion (10 trillion yen) through 2030. Honda believes it can compete in the small electric vehicle and motorbike segment. Honda’s new 0 series is expected to play a key role.
Green Car Congress
NOVEMBER 4, 2020
Additionally, the Chinese electric vehicle market is the largest in the world and due to their control of the rare-earth supply, most Chinese vehicle models utilize permanent magnet motors. China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility.
Green Car Congress
FEBRUARY 10, 2022
GWh deployed onto roads globally (31% of the global total)—a 204% increase over 2020 on the back of an ever-broadening book of supply agreements with Chinese, European and North American automakers. By cell supplier, China-based CATL took the lead in 2021 with a record 87.8
The Truth About Cars
APRIL 25, 2023
Honda has sent us a brief on its hopes and plans for the near future. Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. There's more.
Green Car Congress
JANUARY 20, 2019
The Nikkei said it had learned that Toyota Motor and Panasonic will set up a joint venture in 2020 to manufacture EV batteries, with a focus on cost and scale and an eye toward rising Chinese players. The plan is to supply to Mazda Motor, a Toyota partner on electric car technology, as well as Toyota subsidiary Daihatsu Motor and Subaru.
Green Car Congress
FEBRUARY 25, 2011
billion) in efforts to reduce domestic industry’s dependence on rare-earth metal supplies from China by a third. The projects encompass several categories, such as cutting use of rare-earth metals, boosting recycling, diversifying procurement sources and testing parts made using non-Chinese rare earths.If Honda Motor Co.,
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