According to the British Automobile magazine on July 3, Honda and Hitachi Automotive Systems (HAS) Co., Ltd. jointly invested 5 billion US dollars to establish a joint venture to develop, produce and sell pure electric vehicles. Among them, Hitachi holds 51% of the shares and Honda holds 49%.
This move was made by Honda to achieve its goals. In October 2016, Honda established a new electric vehicle R&D department and announced that 2/3 of the sales volume will be the grand goal of electric vehicles by 2025. In addition, Honda also announced that it will launch two electric vehicles in 2018, but has not yet responded to whether the two cars are produced in their joint venture with Hitachi.
Honda CEO Takahiro Hachigo said earlier this year that the first electric car will be equipped with a high-density and lighter battery pack that integrates thermal management and energy conversion systems. These technologies come from Hitachi. Hachigo also said that due to the high flexibility of the car design, the practicality of the car is greatly improved. The car is expected to debut at the Frankfurt Motor Show in September this year.
Following the introduction of Clarity, Honda has become a leader in the field of hydrogen fuel vehicles. However, due to the increasing global demand for electric vehicles and the introduction of new exhaust emission regulations in major automobile markets such as China, Honda has invested more in the development of electric vehicles.

Eight Sided Sealed Self Supporting Transparent Bag

EIGHT SIDES SEALED BAG