Honda is raising the curtain on a Japanese-Chinese procurement initiative: The company plans to set up a joint venture in China with its Chinese partners Dongfeng and GAC at the end of this month. The goal is to bundle purchases of electric vehicle batteries from CATL.
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The Chinese joint venture GAC Honda has started construction of a new electric car plant in Guangzhou, Guangdong province. In addition, GAC Honda’s electric SUV e:NP1 has gone on sale in China.
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The Japanese carmaker Honda has presented its first electric SUV for the Chinese market. The company has also revealed three futuristically designed concept studies. All of these are to lead to series production vehicles within the next five years and could be up for export.
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