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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

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Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

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

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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. Earlier post.) The two companies have committed to invest $3.5

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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). One-third of the world’s EV batteries come from the Chinese company, which provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.

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

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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 Anna Engine Plant produces 30-millionth engine; retooling to add battery module casings production

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Honda celebrated production of the 30-millionth engine built at the company’s Anna Engine Plant in Ohio with the production of the newly refined 2.0-liter liter Atkinson-cycle four-cylinder engine, which is part of the two-motor hybrid-electric system that powers Honda Accord and CR-V hybrid-electric models. Earlier post.) billion.

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Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

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Leading China-based battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) and Honda Motor (China) Investment Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Earlier post.).

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LG Energy Solution and Honda formally establish battery production joint venture; 40 GWh/year

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LG Energy Solution and Honda Motor announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. LGES and Honda have committed to investing $3.5 Earlier post.). billion and creating 2,200 jobs to establish the new production facility.

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