Alliance will include joint development of batteries for new energy vehicles (NEVs) and joint R&D into next-generation fundamental technologies. Stable supply of NEV batteries from CATL to Honda. Two companies will further expand their discussion on a battery recycling and reuse. Honda has acquired CATL shares through CATL’s non-public issuance of stocks. NINGDE, China, July 10, 2020… Continue reading CATL and Honda Sign Agreement to Form Comprehensive Strategic Alliance on Batteries for New Energy Vehicles
Tag: Honda
Amazon plans at least $100m to retain Zoox talent after $1.3b deal
Amazon.com Inc plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant. Amazon, which is aggressively expanding into self-driving technology, announced June 26 it had agreed to… Continue reading Amazon plans at least $100m to retain Zoox talent after $1.3b deal
India car sales in June down 54% but much improved over May
Finally, a full month of sales for India Auto Inc. After a washed-out April and a truncated May, June 2020 saw OEMs and their dealers function, in different states of readiness, for the entire month. Understandably, given the ongoing pandemic, some states still in lockdown mode, depressed consumer sentiment and vehicle logistics still to shape… Continue reading India car sales in June down 54% but much improved over May
@Honda: Honda Releases Production, Sales and Export Results in May 2020
TOKYO, June 29, 2020 – (JCN Newswire) – Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of May 2020. World Production – Production in Japan experienced a year-on-year decrease for the 9th consecutive month.- Production in regions outside of Japan experienced a year-on-year… Continue reading @Honda: Honda Releases Production, Sales and Export Results in May 2020
@Honda: Production, Sales and Export Results for May, 2020
Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of May 2020. World Production May 2020 YOY Jan. – May2020 YOY Japan 47,116 61.3% 304,589 77.2% Outside of Japan 174,485 45.5% 1,080,153 58.2% North America 39,158 22.9% 443,634 54.3% (USA) 28,047 24.8% 300,068… Continue reading @Honda: Production, Sales and Export Results for May, 2020
Ford, VW will stay neutral on challenges to Trump vehicle emissions rule: document
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – Four major automakers will not take a position on legal challenges to the Trump administration’s decision to dramatically weaken Obama-era fuel economy standards but want to weigh in… Continue reading Ford, VW will stay neutral on challenges to Trump vehicle emissions rule: document
Honda begins rolling out fifth-gen City sedan for India
Honda Cars India has begun production of the new fifth-generation City sedan at its Greater Noida plant in Uttar Pradesh, ahead of the car’s launch in July. The plant had resumed manufacturing operations from mid-June. Rajesh Goel, senior vice-president and director, Honda Cars India, said, “The aspirational sedan comes with a rich legacy of over 22 years across four… Continue reading Honda begins rolling out fifth-gen City sedan for India
Carmakers in Southeast Asia are reluctant to hit the accelerator
BANGKOK — Automakers operating in Southeast Asia are moving in low gear as they bring plants back online after weeks of suspended production due to the coronavirus pandemic. Safety protocols and weak sales force them to proceed slowly in restarting operations. Since May, most Southeast Asian nations have been easing restrictions on business operations and people’s movements that were introduced to contain the outbreak.… Continue reading Carmakers in Southeast Asia are reluctant to hit the accelerator
Honda drives drastic R&D reforms to reverse slow auto business
TOKYO — After Takahiro Hachigo took over at Honda Motor in 2015, the Japanese automaker has implemented a string of reforms to shore up its auto business, including closing plants at home and abroad and shaking up supply chains. But it left one entity untouched — Honda R&D, its crown jewel research unit, once headed… Continue reading Honda drives drastic R&D reforms to reverse slow auto business
Honda Motor Co., Ltd. Files Annual Report on Form 20-F for Fiscal Year Ended March 31, 2020
TOKYO, June 19, 2020 /PRNewswire/ — Honda Motor Co., Ltd. (NYSE: HMC) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2020. Honda’s annual report on Form 20-F can be accessed from following web site addresses; https://www.sec.gov/Archives/edgar/data/715153/000119312520173119/0001193125-20-173119-index.htm https://global.honda/investors/library/form20_f.html SOURCE Honda Motor Co., Ltd. Go… Continue reading Honda Motor Co., Ltd. Files Annual Report on Form 20-F for Fiscal Year Ended March 31, 2020