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

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Updated: Jan 6, 2022, 02:43 GMT+00:00

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.

Employees work on a production line inside a Dongfeng Honda factory in Wuhan

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 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)

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