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Honda to Become CATL’s Second-Largest Battery Buyer After Tesla
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Honda to Become CATL’s Second-Largest Battery Buyer After Tesla

Dec 12, 2022
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Honda to Become CATL’s Second-Largest Battery Buyer After Tesla
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Honda to Become CATL’s Second-Largest Battery Buyer After Tesla
(Source: Honda)

Japanese automotive giant Honda Motor announced on December 8 that it will purchase about 123GWh in vehicle batteries from China’s CATL from 2024 to 2030. These products will be produced centrally at CATL’s Yichun Factory.

This long-term purchase was completed through Zhongrui (Beijing) Trading Service Co., Ltd., with shareholders includin…

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