Hitachi and Honda pool together for the production of motors for EVs. Image source: Shutterstock (#217243993)
Hitachi Automotive Systems and Honda Motor will establish a joint venture company for the development, manufacture and sales of motors for EVs. Hitachi will hold 51%, Honda 49% of the new joint venture. The name is still to be determined. It will based in Japan, subsidiary operations are planned for the USA and China with manufacturing and sales functions. The company will expand the global supply of motors by creating a response to demand from Honda and other manufacturers.
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