Honda Just Joined Forces With Hitachi For A £34m Electric Motor Venture

Honda and Hitachi Automotive Systems have put the equivalent of £34 million into a new company that'll produce and sell electric motors
Honda Just Joined Forces With Hitachi For A £34m Electric Motor Venture

Like it or not, it seems inevitable that the future of cars will revolve around electric motors. So, this latest move from Honda shouldn’t come as much of a surprise.

It’s just established a joint venture company with Hitachi Automotive Systems (HAS), which will result in the “development, manufacture and sales of motors for electric vehicles.” The deal follows a ‘memorandum of understanding’ signed back in February, and a joint venture agreement made in March.

The companies have put five billion yen (£34 million) into the company, with HAS taking a controlling 51 per cent stake. The work on the motors will all be done at Hitachi Automotive’s base in Hitachinaka-shi, Ibaraki Prefecture.

The news comes a few weeks after it was suggested the next NSX might go all electric. Around the same time, Honda announced its intentions for two thirds of its line-up to be made up of electric vehicles via its ‘2030 Vision’ plan.

Comments

Richard 1

E-Tec just kicked in, yo!

07/04/2017 - 08:53 |
79 | 2

But it will fail like Honda’s F1…

07/07/2017 - 03:06 |
2 | 0
datpolishtho

Let’s hope Hitachi know more than Honda when it comes to reliability

07/04/2017 - 09:02 |
8 | 13

Why people downvote??

07/04/2017 - 11:13 |
2 | 2
Fortunes

So I guess you can say that Honda HAS decided to go electric, which isn’t quite shocking.

07/04/2017 - 09:15 |
19 | 2
Tomislav Celić

Yes yes yes

07/04/2017 - 09:49 |
3 | 6

aww, all the butthurt EV haters giving you downvotes. real mature, CT.

07/04/2017 - 18:41 |
0 | 1
Anonymous

So hilarious to see manufacturers waste time on EVs, however something good can still come out of this - some torque.

07/04/2017 - 10:51 |
3 | 6
Anonymous

In reply to by Anonymous (not verified)

I absolutely agree, electric cars offer more torque than diesels or petrols. I hope they make it powerful and good looking like the BMW i8. (Even if they need to make it a hybrid.)

07/04/2017 - 12:25 |
0 | 0
datpolishtho

In reply to by Anonymous (not verified)

Hardly a waste of time.

By 2020, 45% of all new cars produced in Europe will be hybrid
By 2030, 75% of all new cars produced in Europe will be all electric
By 2050, fuel is likely to be scarce enough to be not available to general public

Car enthusiasts need to face the fact that petrol/diesel ICU’s are dying

07/04/2017 - 14:04 |
2 | 1
Anonymous

So if Hitachi inserts some magic into Hondas lineup, will we have a “Honda Wand” at some point?

07/04/2017 - 22:26 |
4 | 0
Scott Bedell

In reply to by Anonymous (not verified)

As soon as I saw the name Hitachi I knew some one had to make a joke like this I was ready lol

07/11/2017 - 13:10 |
0 | 0
z-tunenismor34

Hybrid s2000 ???

07/05/2017 - 00:15 |
0 | 0
Unknown

Kind of old news… but still really interesting! Have you seen the electric motor they made without any rare earth metals?? It’s easier to make and much more friendly to the planet to produce too!

07/05/2017 - 04:38 |
0 | 0
Lee Vardy

Hopefully they will be more reliable than their HDD!

07/05/2017 - 09:44 |
0 | 0
Anonymous

Soo Mclaren Honda Hitachi will probably not happen

07/05/2017 - 17:00 |
0 | 0

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