/ News

Honda to tie-up with Hitachi to build EV motors

Autodeal on Feb 24, 2017

With more and more car manufacturers joining the arms race of building sustainable, affordable electric vehicles (EV), Honda and Hitachi announced plans of establishing a joint EV company. The new unnamed brand aims to mass produce EV motors and parts, as well as to manage high production costs.

The 5-billion Japanese Yen (around P2.2 billion) venture will be established on July 2017. According to a press release, Honda will own 49% of the upcoming Japan-based company while Hitachi Automotive Systems, Ltd. gets the “majority” with a 51% share.

Furthermore, the joint venture will have subsidiary operations planned for the United States and China, creating a global supply of motors for Honda and other automotive manufacturers.

Meanwhile, Honda plans to continue promoting EVs globally with the use of motors from the joint venture company. As for Hitachi, the brand says that it will keep its current relations with other car brands by supplying motors for each.

Latest News

Hyundai brings back free roadside help this holy week / News

Shaynah Miranda · Apr 15, 2025

Hyundai Motor Philippines will once again offer roadside help to travelers during Holy Week. This year marks the third time the program is being done, with select dealers ready to assist on...
Ford Philippines is offering a three-year free scheduled service package on their best-selling vehicles this month. / News

Jerome Tresvalles · Apr 15, 2025

Thinking of owning a Ford? Ford Philippines now offers a free three-year Scheduled Service Plan (SSP) on select models.
MG teases the Cyber X—Could it be headed for PH next? / News

Shaynah Miranda · Apr 14, 2025

MG will soon launch the all-new Cyber X at the upcoming Shanghai Auto Show. The new model brings a fresh, boxy design and might be MG’s next electric or hybrid vehicle. More details will be...