Honda is one of the manufacturers most accelerating its electric product offensive. His plans are not and are not as fast as his opponents, but he is picking up their pace little by little. Furthermore, all planning is done with great care and differentiated according to the markets involved.Japanese house in Europe Hybrid first choice In the US, however, its strategy is moving faster.

Yes, because if you remember you will remember Signed a cooperation agreement with General Motors. It will work with the manufacturer to develop a series of electric vehicles based on GM’s Ultium platform. However, in addition to tying his future to his Yankees partners, he will also create his own platform for the electrician.This is the last place to play Strategic alliance signed with LG That must set her free…

Honda and LG will produce around 40 GWh of batteries annually in the U.S.…

Youngsoo Kwon, CEO of LG Energy Solution, and Toshihiro Mibe, President, CEO and Representative Director of Honda Motor Company

That way, Honda won’t rely on GM’s technology when it brings its homegrown electric vehicle to market. Especially in one of the most delicate parts of an electric car: the battery.So, together with LG, he will find a New joint venture will be responsible for battery design, development and manufacturing Supply these batteries to all of its electric vehicles manufactured and sold in the United States.

As the parties explained in their respective press releases, the joint venture will mean Joint investment of $4.4 billion. However, the location of this group of facilities is unclear.What they announced is that they intend to Construction to start in early 2023 As a result, mass production of lithium-ion batteries will begin by the end of the next fiscal year in 2025.

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Finally, we also know Annual production capacity is about 40 GWh. We can read so far because they don’t want to give more information, except that this company will be legally incorporated in 2022 and it’s still it has to pass the regulator’s filter. It is necessary to see what is Honda’s move to manufacture the batteries of the future electric series arriving in Europe…

Maybe they have Yankee passports…

Fuente – Honda – LG Energy Solutions