File Photo: Honda Motor Co., Ltd.’s new CEO, Toshihiro Mibe, attends the first press conference held in Tokyo on April 23, 2021. REUTERS / Issei Kato
July 16, 2021
Maki Shiraki
Tokyo (Reuters)-Honda Motor Co., Ltd.’s new CEO said Friday that Japanese automakers are ready to form a new partnership to make electrification profitable.
“If we can achieve what Honda should aim for through the alliance at an early stage, we would like to form an alliance,” said Toshihiro Mibe, who took the lead in April, asking about the global concept at a press conference. Alliance on electrification.
Mr. Mibe’s comments reflect the pressure on the global automotive industry to share technology and costs to meet the demand for cleaner cars. As the shift of automotive technology to electric vehicles (EVs) and autonomous driving progresses, it plays the leading role in Japan’s second largest automobile manufacturer.
Honda and its partner General Motors announced two large EV models jointly developed in North America in 2024 using GM’s Ultium battery, with a new EV platform named…
