Honda and Hitachi Electric Motor Joint Venture Finalized

By Evan Williams Hitachi and Honda have formalized a deal to develop motors for electric vehicles and hybrids.
Plans for the joint venture, which will be called Hitachi Automotive Electric Motor Systems, were announced in February, but the company wasn’t formally established until the third of this month.
The new group is based in the Ibaraki Prefecture of Japan and will be run by President Noboru Yamaguchi. It will be 51 percent owned by Hitachi, 49 percent by Honda.
SEE ALSO: Honda and Hitachi To Jointly Build Electric Motors For Themselves And Others
The joint venture will build motors for hybrid cars as well as pure EVs,

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