Headquarters: Minato Ward, Tokyo
President: Takahiro Hachigo
Honda is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, motorcycles, and power equipment. Its annual income is in the range of US$130 billion.
-Honda’s Traffic Jam Pilot automated driving equipment receives Level 3 clearance from Japan’s transport ministry. This level allows the driver to legally engage in activities such reading and watching TV behind the wheel during slow traffic.
-Toyota Motor Corporation and Honda R&D Co. announce that they will create a mobile power generation and output system called Moving e, consisting of a fuel cell bus that can carry a large amount of hydrogen, portable external power output devices, and portable batteries.
-It is announced that the Honda e, the firm’s new electric minicar, will begin sales in Japan from October 30. The EV was originally unveiled in Europe in early August.
-Honda Motor acquires about 1% of the shares of Contemporary Amperex Technology Co., Limited (CATL), a Chinese company that specializes in battery technologies. This alliance aims to promote the development of Electric Vehicles (EVs).