logo automotive
automotive
luglio 03, 2017 - Honda Auto

Hitachi Automotive and Honda Establish Joint Venture for Electric Vehicle Motors

Comunicato Stampa disponibile solo in lingua originale. 

Hitachi Automotive Systems, Ltd. and Honda Motor Co., Ltd. today announced the establishment of 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.
As announced on February 7, 2017, the two companies have conducted discussions based on a Memorandum of Understanding signed on February 3, and entered into a joint venture agreement on March 24 to make more tangible preparations to establish the new company. The newly established company will receive a financial grant from Ibaraki Prefecture as it has been recognized as a relevant project that "promotes the establishment of corporate head office functions" within the prefecture.

Name of company
Hitachi Automotive Electric Motor Systems, Ltd.
Location
2520 Takaba, Hitachinaka-shi, Ibaraki Prefecture
Representative
Noboru Yamaguchi, President
Business
Development, manufacture and sales of motors for electric vehicles
Contribution
5 billion yen (capital: 2.5 billion yen, capital reserve: 2.5 billion yen)
Date of establishment
July 3, 2017
Investment ratio
Hitachi Automotive Systems, Ltd. 51%
Honda Motor Co., Ltd. 49%

News correlate

dicembre 14, 2017
dicembre 14, 2017
dicembre 12, 2017

Ti potrebbe interessare anche

dicembre 11, 2017
dicembre 04, 2017
dicembre 04, 2017

Filtro avanzato