Honda (HMC) and Honda USA award over $2.7M to advance environmental conservation activities
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Japan announces $1.8B in subsidies for storage battery, chip projects
April 28, 2023 7:35 AM EDTIndustry Minister Yasutoshi Nishimura announced Friday that Japan will provide as much as $1.8 billion in subsidies for a slate of storage battery and chip-related projects, marking Tokyo's latest push towards greater supply chain security.
The Japanese government plans to give up to 184.6 billion yen ($1.38 billion) in subsidies for eight storage battery-related proposals and up to 56.4 billion yen for two semiconductor-related projects,... More
Honda (HMC) and GS Yuasa to invest $3b for battery development
April 27, 2023 1:41 PM EDTThe Nikkei news reports Thursday that Honda Motor (NYSE: HMC) alongside battery maker GS Yuasa Corp will invest over 400 billion yen ($2.99 billion) and team up to produce batteries for electric vehicles (EVs) and homes.
The report states that the companies will... More
Honda (HMC) enters collaboration agreement with TSMC
April 26, 2023 8:19 AM EDTHonda Motor Co. (NYSE: HMC) said Wednesday that the Japanese automaker had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) as part of efforts to secure a stable supply of semiconductors.
Honda will build direct relationships with chip producers for the long-term stable supply of... More
Honda's (HMC) Briefing on 2023 Goals and Progress
April 26, 2023 5:35 AM EDTHonda Motor Co., Ltd. (NYSE: HMC) today held a press briefing on the progress it has achieved toward its business transformation and electrification. The Honda executives presenting at the event included the following:
- Toshihiro Mibe, Director, President and Representative Executive Officer
- Shinji Aoyama, Director, Executive Vice President and Representative Executive Officer
A summary of the briefing follows:
1. Five Key Factors Honda is focused on
Honda strives to realize the joy and freedom of mobility for people around the world with zero environmental impact and zero traffic collision fatalities... More
Mercedes-Benz launches new E-Class, its final ICE vehicle
April 25, 2023 12:04 PM EDTMercedes-Benz on Tuesday announced the launch of the German luxury automakers final new combustion engine model - the next generation of the E-Class. The new vehicle will be built in Germany and China and go on sale in Europe in the third quarter of this year.
It will... More
