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Honda & MC to Establish New EV Company, ALTNA Co., Ltd.

CleanTechnica EVs

TOKYO, Japan — Honda Motor Co., Honda) and Mitsubishi Corporation (MC) this week announced plans to establish a new 50/50 joint venture (JV) company, ALTNA Co., The new JV is based on the memorandum of understanding (MoU) the two companies signed in October 2023. ALTNA), in July 2024.

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Honda battery leasing venture sets stage for more affordable EVs

Green Car Reports

Battery leasing has long been considered as a way of helping make EVs more affordable, and it appears that Honda is embarking on a business venture that might allow that idea to be scaled up. The joint venture company called Altna, announced Thursday, has been formed as a 50/50 venture between Honda Motor Co. Combining.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia, Europe and Japan. Suzuki Motor Corporation and Yamaha Motor Co.—have

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Honda to advance fuel cell system as core of its hydrogen business; expansion to other areas; new FCEV in 2024

Green Car Congress

Honda held a press briefing in Tokyo on its hydrogen business initiatives. Honda said that it will take a proactive approach to increase the use of hydrogen as an energy carrier and strive to expand its hydrogen business, in addition to continuing to electrify its products. Commercial vehicles. Stationary power stations.

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Honda announces next steps in preparation for EV production in US

Green Car Congress

Honda announced key next steps in the establishment of its EV Hub in Ohio. In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026. Indiana Auto Plant (IAP).

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LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

Green Car Congress

Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. The two companies have committed to invest $3.5 Earlier post.)

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Honda begins operation of stationary fuel cell power station on Torrance campus

Green Car Congress

Honda began operation of a stationary fuel cell power station on its corporate campus in Torrance, Calif., marking the company's first step toward future commercialization of zero-emission backup power generation. The company has been developing hydrogen technologies and fuel cell vehicles for more than 30 years.

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