Honda and Hitachi to start an electric motor company
2017 is fixing to be a big year for Honda collaborations with plans announced for a joint venture with Hitachi to start building electric motors for vehicles. The Companies have only signed a memorandum of understanding thus far, but the plan is to commit to the project in March, with the new company being established in July. Honda say this will also lead to manufacturing and sales facilities being launched in both the US and china.
This latest collaboration is Honda’s bid to get serious about achieving the goal of having two-thirds of its vehicles powered by electricity by 2030. This isn’t the only clean fuel collaboration Honda have participated in to date, three years ago, Honda paired up with GM to produce their fuel-cell technology and as a result the Clarity fuel sell was born. The 5 seater ultra-efficient hydrogen powered car has a range of more than 366 miles.