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Honda China JV announces 120,000 units-a-year EV factory -Breaking

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© Reuters. FILEPHOTO: Workers work in Dongfeng Honda factories after the lockdown was lifted. Wuhan is the capital city of Hubei province, China’s epicentre for the novel coronavirus (COVID-19).

TOKYO, Reuters – Honda Motor Co. and Dongfeng Motor (its Chinese joint venture partner) announced on Thursday that they will build a factory in Wuhan for electric vehicle production starting 2024.

Honda stated in a statement that the factory will have a capacity to produce 120,000 units per year.

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.

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