Honda and its local partners, “GS Yuasa” and “Blue Energy”, aim to launch the first large-capacity production series in 2027, and to launch other series by 2030, the group said in a statement. communicated.
For its part, the Japanese government will grant the three companies about 159 billion yen (about 1.17 billion dollars) to support the project, according to what added the same source.
Honda is Japan’s most ambitious electric carmaker, having announced in 2021 its goal of making all of its sales electric worldwide by 2040.
Rival group Toyota sees them on hybrid cars.
Honda announced on Wednesday that it will launch a new model of “mid-to-large” electric cars for the North American market in 2025, in addition to three other electric types to be launched in Japan between 2025 and 2026.
Last year, the Japanese group entered into a partnership with the South Korean company “LG Energy” to build an electric battery factory in the United States, which will exclusively supply Honda factories in Japan at the end of 2025.
The cost of this factory was initially estimated at $4.4 billion, and it will be located in Ohio, near other Honda-owned factories.
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