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The Japan News/Yomiuri
The Japan News/Yomiuri
Business
The Yomiuri Shimbun

Honda to procure EV batteries from China, S. Korea manufacturers

(Credit: The Yomiuri Shimbun)

Honda Motor Co. plans to procure batteries for its electric vehicles from Chinese and South Korean manufacturers, so it can transport them from near the production bases, The Yomiuri Shimbun has learned.

In the United States -- one of Honda's three key markets along with Japan and China -- it will further reduce procurement costs by purchasing EV batteries together with General Motors Co., with which it has a partnership, according to the plan obtained by The Yomiuri Shimbun.

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