According to the official WeChat account of Honda China, Honda Technology Research Industry (China) Investment Co., Ltd. (hereinafter referred to as Honda China) and Dongfeng Motor Group Co., Ltd. (hereinafter referred to as Dongfeng Motor Group), Guangzhou Automobile Group Co., Ltd. (hereinafter referred to as GAC Group) signed an agreement on August 31, 2022, to jointly establish a power battery procurement company - Zhongrui (Beijing) Trading Service Co., Ltd. (English name: HDG (Beijing) Trading Service Co., Ltd).
In addition, Honda China signed a memorandum of strategic cooperation with CATL New Energy Technology Co., Ltd. (hereinafter referred to as CATL). The two parties will further strengthen the strategic partnership and build a long-term and stable power battery supply and demand system in order to accelerate the promotion of electrification.
Honda China stated that at present, GAC Honda Automobile Co., Ltd. (hereinafter referred to as GAC Honda) and Dongfeng Honda Automobile Co., Ltd. (hereinafter referred to as Dongfeng Honda) respectively purchased power batteries for pure electric vehicles from CATL, and will be centralized by the new company in the future. Purchasing to improve efficiency. In addition, Honda and CATL will negotiate a more efficient logistics system in areas such as intensive production and battery recycling based on CATL's Yichun factory under construction, to ensure a long-term stable supply of power batteries and further enhance competitiveness.
In 2020, Honda and CATL signed a comprehensive strategic cooperation agreement on new energy vehicle power batteries. The cooperation between the two parties covers a wide range of fields such as joint development, stable supply, recycling, and reuse of power batteries. The establishment of the new company will further strengthen the strategic partnership with CATL, and strengthen the supply and demand system of power batteries for the continuous expansion of Honda's new e:N brand pure electric vehicle product lineup.
Honda plans to continue to launch 10 e:N brand pure electric vehicles in China by 2027 . With the launch of e:N brand products, Honda is providing a new brand experience through offline sales channels and online cloud showroom sales models. GAC Honda and Dongfeng Honda have also started the construction of new electric vehicle factories. Through the above measures, Honda Fully accelerate the promotion of electrification. The establishment of the new company is further consolidation and deepening of Honda's electrification strategy. In the future, Honda will continue to carry out various electrification initiatives covering the value chain and realize its 2050 carbon-neutral vision as soon as possible.
0 Comments