Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 7 September 2022, 08:06 HKT/SGT
Share:
    

Source: Honda Motor Co, Ltd
Honda and Hanwa Establish Strategic Partnership for Stable Procurement of Essential Metals

TOKYO, Sept 7, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda) today announced that it has established a strategic partnership with Hanwa Co., Ltd. (Hanwa), a major Japan-based trading company, toward stable procurement of essential metals for batteries necessary for its electrified vehicles.

To realize carbon neutrality for all of its products and corporate activities by 2050, Honda is striving to make battery-electric vehicles (EVs) and fuel cell electric vehicles (FCVs) represent 100% of its global vehicle sales by 2040. Toward this target, Honda is planning to launch 30 EV models globally by 2030 with production volume of more than 2 million units annually.

For steady execution of its electrification strategy, Honda established a strategic partnership with Hanwa, a major trading company that has strengths in the field of resource procurement. Through this partnership, Honda will ensure stable procurement in the medium to long term, of essential metals necessary for batteries such as nickel, cobalt and lithium, positioning the mined resources secured by Hanwa at the core.

Honda will continue working with a wide range of suppliers to ensure stable supply of necessary resources, that will enable Honda to steadily execute its electrification strategy leading to the realization of Honda's carbon neutrality goal.


Topic: Press release summary
Source: Honda Motor Co, Ltd

Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Honda Motor Co, Ltd Links

http://www.honda.com

https://plus.google.com/110355594819754396833

https://www.facebook.com/HondaJP

https://twitter.com/HondaJP

https://www.youtube.com/user/HondaJPPR

https://jp.linkedin.com/company/honda

Honda Motor Co, Ltd
June 30, 2025 18:25 HKT/SGT
Six Companies Establish BlueRebirth Council to Expand Use of Recycled Materials in New Vehicles
June 30, 2025 18:20 HKT/SGT
Honda Changes Plan to Build New Production Plant for Next-generation Fuel Cell Module in Japan
June 26, 2025 12:30 HKT/SGT
Honda Opens "Honda Software Studio Osaka" as New Software Development Operation
June 26, 2025 12:29 HKT/SGT
Honda Issues "Honda ESG Report 2025"
June 17, 2025 16:45 HKT/SGT
Honda Celebrates 60th Anniversary of First F1 Victory with Special Events Program
June 16, 2025 15:37 HKT/SGT
Honda Teams to Compete in 2025 FIM Endurance World Championship "Coca-Cola" Suzuka 8 Hours Endurance Road Race 46th Tournament
May 30, 2025 10:54 HKT/SGT
Honda to Co-develop Refueling Port Connecting System for On-orbit Satellite Refueling with Astroscale
May 23, 2025 11:17 HKT/SGT
Honda Expands Production Capacity by Adding New Production Line at Fourth Motorcycle Plant in India
May 23, 2025 10:32 HKT/SGT
Honda Reaches 500 Million-Unit Milestone in Cumulative Global Motorcycle Production
May 15, 2025 12:37 HKT/SGT
Honda and Quemix Co-develop a New, World's First Quantum State Readout Technology
More news >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: