TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.
August 29, 2022Honda News Updates
GM, Honda Unveil Plan to Build Millions of Small EVs
General Motors Co. and Honda Motor Co. will jointly develop affordable electric vehicles for the most popular segments in large global markets, starting with North America in 2027.
April 5, 2022Honda, Sony Join Forces on New Electric Vehicle
Sony Group Corp. and Honda Motor Co. agreed to establish a joint venture this year to start selling an electric vehicle by 2025, both sides said March 4.
March 4, 2022Toyota, Honda Join Growing Corporate Retreat From Russia
Japan’s biggest carmakers joined the widening global corporate pullback from Russia, following the likes of Ford Motor Co. and Exxon Mobil Corp., which have chosen not to do business there after the invasion of Ukraine.
March 3, 2022Honda Ditches Go-It-Alone Strategy to Make Safer Move Toward EVs
Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded to improve economies of scale. That strategy is changing now that the Japanese automaker is shifting more aggressively to electric vehicles.
July 20, 2021Honda Beefs Up Pickup, SUVs to Bolster Light-Truck Market Share
Honda Motor Co. plans to revamp three key midsized vehicles — two sport utilities and a pickup — by giving them beefier looks. It also will play up their off-road capabilities in marketing to appeal to more-traditional truck buyers.
October 9, 2020GM Signs Deal With Honda to Develop Future Products
General Motors and Honda have a deal to share vehicle platforms and technology in North America starting next year.
September 3, 2020Japanese Carmaker Honda Hit by Cyberattack
Japanese carmaker Honda said June 9 that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained.
June 9, 2020GM, Honda Partner to Build Honda EVs in GM Plants
General Motors Co. and Honda Motor Co. announced an agreement April 2 to jointly develop two new electric vehicles for Honda that will be based on GM’s global electric-vehicle platform that’s powered by the Detroit automaker’s Ultium battery system.
April 3, 2020Toyota, Honda Extend China Shutdowns as Virus Gathers Pace
Toyota Motor Corp. and Honda Motor Co. were among carmakers extending shutdowns at their China plants as the country steps up measures to fight the deadly coronavirus.
February 7, 2020