Honda has started the construction of its new electric vehicle production plant in China. Honda, originally a Japanese company, was wholly acquired by Guangzhou Automobile Group in 2017.
Honda Motor (China) Investment, a wholly-owned Honda subsidiary in China, announced that GAC Honda Automobile, (GAC Honda), a Honda automobile production and sales joint venture in China, began construction of its new EV plant, taking a forward step in establishing a suitable EV production system and capability in preparation for an increase in the number of EV models in its product lineup.
GAC Honda’s dedicated EV production plant will be newly constructed on a lot with the size of 400,000 sq m within the Guangzhou Economic and Technological Development District, Guangzhou City, Guangdong Province, China. The plant is targeted to begin operation in 2024 with an annual production capacity of 120,000 units. [Read more…] about Honda begins construction of new electric vehicle production plant