TOKYO (Reuters) – Honda Motor Co and its Chinese joint venture partner Dongfeng Motor said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs) from 2024.
The factory would have a production capacity of 120,000 vehicles a year, Honda said in a statement.
Honda, Japan’s second-largest automaker, is set to launch a new EV brand https://www.reuters.com/business/autos-transportation/honda-launch-new-ev-brand-china-next-year-2021-10-13 in China this year called e:N Series with plans to roll out 10 models with partners Dongfeng and GAC.
(Reporting by Chang-Ran Kim; Editing by Shri Navaratnam)