Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its electric vehicles.
Honda Motor Co of Japan and Korean battery supplier LG Energy Solution Ltd have said they will set up a new lithium-ion battery plant for electric vehicles in the United States. The investment will be
The plant will be built and operated by a joint venture between the companies, which is expected to be established this year.
Honda is the latest car company with plans to manufacture lithium-ion batteries in the U.S. The automaker said Monday it is forming a joint venture with LG Energy Solutions to supply the North America
Japanese automaker Honda Motor Co plans to set up a new lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the Nikkei business da
Due to supply snags in China, Honda (HMC) considers forming a separate supply chain outside the country to ensure stable production. It will maintain its domestic supply chain within the country.
Honda Motor Co said on Thursday it would slash production plans by up to 40% in Japan early next month due to persistent supply chain and logistical issues.
Japan's Honda Motor Co Ltd is considering building a separate supply chain that would lower its dependence on China, the Sankei newspaper reported on Wednesday.

Is Honda Stock A Buy At $27?

09:00am, Tuesday, 23'rd Aug 2022
Honda Motor stock (NYSE: HMC) has declined by around 5% year-to-date, outperforming the broader U.S. indices and most other automotive stocks.
CNBC's Phil Lebeau reports on electric vehicle-related companies set to feel the impact of the Inflation Reduction Act.

Honda posts 9% fall in Q1 profit, beats estimate

02:11am, Wednesday, 10'th Aug 2022
Japan's Honda Motor Co on Wednesday posted a better-than-expected 9% drop in first-quarter operating profit, squeezed by COVID-19 restrictions in China that curtailed production and higher material co

New Strong Sell Stocks for August 3rd

07:32am, Wednesday, 03'rd Aug 2022
INTC, WMT, and HMC have been added to the Zacks Rank #5 (Strong Sell) List on August 3, 2022.

Honda (HMC) Japan Cuts Production by up to 30% on Supply Issues

02:22pm, Monday, 25'th Jul 2022 Zacks Investment Research
Honda (HMC) announces a production cut in Japan by up to 30%. This decision is in the light of ongoing chip crisis and supply-chain issues that are ravaging the auto industry.
Dealers are in the driver's seat in this car market, so it’s important to arm yourself with knowledge.
Honda Motor Co said it would slash production by up to 30% in Japan next month against original plans due to persistent supply chain and logistical issues.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE