Honda and Hitachi Automotive establish their electric motor joint venture

By mmillikin Hitachi Automotive Systems, Ltd. and Honda Motor Co., Ltd. have established the a joint venture company for the development, manufacture and sales of motors for electric vehicles on the premises of Hitachi Automotive Systems in Hitachinaka-shi, Ibaraki Prefecture. (Earlier post.) Hitachi Automotive hods 51%; Honda holds 49%.

The new company will respond to the growing global demand from automakers for electric vehicle motors by developing competitive motors that combine the expertise of the two companies.

In parallel to the efforts of the new company, Hitachi Automotive Systems will continue to promote its business operations by maintaining the business relationships it has

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