Honda, LG Energy Begin Construction of Multi-Billion Ohio EV Battery Plant Updated On Wed, Mar 1st, 2023 by Saurenergy Honda and LG Energy Solution have announced the beginning of the construction of their joint venture electric vehicle battery plant that will be spread over 2 million square feet in Fayette County in Ohio. In January, 2023, Honda said that the two companies have committed to invest $3.5 billion in the new joint venture (JV) […] Read more
Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development Updated On Tue, Jan 24th, 2023 by Saurenergy The evolution and quick adoption of electric mobility largely depends on the development of quality and reliable battery systems. Hence, two Japanese conglomerates – Honda Motor and GS Yuasa International – have signed an agreement for collaboration for a high-capacity, high-output lithium-ion battery. Honda and GS Yuasa will discuss specifics with the goal of establishing […] Read more
Honda to Roll Out 30 EV Models; Invest $64 Billion in Electrification Updated On Wed, Apr 13th, 2022 by Saurenergy Honda Motor Co, one of the leading automakers of Japan, has announced that it will spend 8 Trillion Yen ($64 billion) on research and development over the next 10 years to accelerate the electrification of its vehicles. Honda has set an ambitious goal to launch 30 electric vehicle models across the globe by 2030. The […] Read more
Honda, GM Come Together to Roll Out Affordable EVs from 2027 Updated On Wed, Apr 6th, 2022 by Saurenergy Global auto giants Honda Motor and General Motors have announced that they will collaborate to develop affordably priced electric vehicles and enable global production of millions of EVs starting in 2027, including compact crossover vehicles by leveraging technology, design and sourcing strategies of the two companies. The idea is to find economies of scale and lower […] Read more
New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Updated On Mon, Apr 26th, 2021 by Saurenergy Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […] Read more
