Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Honda and Hitachi team up for electric motor company

July 04, 2017, 08:22 PM IST by Santosh Nair
Honda and Hitachi team up for electric motor company

Honda and Hitachi have officially announced setting up a new company called Hitachi Automotive Motor Systems Limited to develop, manufacture and sell new motors for electric vehicles. It all began in February this year when Hitachi and Honda entered a memorandum of understanding, before they finally signed a joint agreement in March.

While both companies have invested five billion yen each in this endeavour, Hitachi has taken up a 51 per cent stake. The new company will initially be based out of Hitachi Automotive System’s existing facility in Hitachinaka-shi, Japan. On a lighter note, this isn’t the first alternative propulsion venture company Honda has invested in. The company is known to have also tied up with GM earlier this year. The resultant firm called Fuel Cell System Manufacturing LLC targets the introduction of a new fuel-cell system by the year 2020.

As of now, both Honda and Hitachi have not revealed any details on when it expects the new electric motors to roll out. However, they stated that the new company will respond to the growing global demand from automakers for electric motors which will combine the expertise of both companies.



Show CommentsHide Comments

Honda Accord Price in Popular Cities

CityOn-Road Prices
New Delhi₹ 49.14 Lakhs onwards
Mumbai₹ 54.45 Lakhs onwards
Bangalore₹ 54.84 Lakhs onwards
Hyderabad₹ 52.26 Lakhs onwards
Kolkata₹ 48.57 Lakhs onwards
Chennai₹ 52.75 Lakhs onwards
  • Upcoming Cars

Mercedes-Benz G63 AMG NewMercedes-Benz G63 AMG New

5 October 2018

3Cr - ₹ 3.50Cr
Mercedes-Benz C-Class FaceliftMercedes-Benz C-Class Facelift

20 September 2018

39L - ₹ 44L
Hyundai SantroHyundai Santro

23 October 2018

4L - ₹ 5L
Kia SPKia SP

July 2019

14L - ₹ 20L
Tata HarrierTata Harrier

December 2018

10L - ₹ 16L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in