To crack the code of building low-cost electric vehicles, Japan's automakers intend to leverage their skills at tried-and-true lean manufacturing and kaizen.
EV production should account for about 40 to 50 percent of Honda's total output in North America in 2030, or around 800,000 battery-electric vehicles.
The latest announcement builds on a string of initiatives CEO Toshihiro Mibe is taking to make the lineup at Japan’s No. 2 automaker completely gasoline-free by 2040.
For a house-proud engineering force such as Honda, relying on GM for EV help may be surprising. But Honda expects to return to its old independent prowess in due time.
The Japan Automobile Manufacturers Association says traditional automakers expect new entrants from other industries and that the Sony represents Japan’s turn at floating a hopeful new industry player.
Honda and Sony will form a new company to create and commercialize for "high value-added" battery electrics in various markets, including the U.S.
The 50-50 company will be established this year with the goal of starting EV sales and providing mobility services in 2025. The deal is still subject to regulatory approval.
Honda's all-electric Prologue will leverage GM's Ultium platform and batteries and feature Honda's exterior and interior design.
He knows an EV upheaval is coming. He just needs a partner to get ready for it.
Toshihiro Mibe is starting a radical revolution that includes rockets, partners and an end to combustion engines.
Honda has plans for a massive transition to all-electric. But for now, it's focusing its energy of rolling out hybrids.