Honda of America plans to sell 2 fully electric SUVs in 2024

Underpinnings of the new vehicles will come from a partnership with General Motors, while the tops would be made by Honda, he said.

The first Honda based on a GM/LG platform.

This is how far Japan Inc has fallen behind.

I have my own research & reasons for thinking this: Honda and Japanese car makers are better off being "late to the party" when it comes to EVs.

There are other battery technologies held by the Japanese and USA which surpass any Korean manufacturers technology. In my own opinion: there is an unsaid technological war now regarding the EV automobile industry. Korean manufacturing is to not be trusted- I think it will be bad for business and international securities.

The more American and Japanese technologies and business can continue to develop their own EV/ carbon reduction models of cars the better the industry will be in the long term.

You can do it Japan and USA!

@CoffeeCrusher

There are other battery technologies held by the Japanese and USA which surpass any Korean manufacturers technology. 

https://www.drivespark.com/four-wheelers/2015/nissan-electric-cars-could-use-lg-batteries-011341.html

"We have opened to competition our battery business in order to make sure we have the best batteries. For the moment, we consider that the best battery maker is LG." - Carlos Ghosn, Nissan President.

Korean manufacturing is to not be trusted

But Honda went with LG battery tech in this deal.

@Samit Basu actually Honda has no deals with LG. it has deals with CATL.

@Samit Basu i don't know about that 2015 article but Nissan Ariya's batteries are developed by Nissan together with CATL.

@CoffeeCrusher well, Technology wise, Japanese Battery technologies are the best right now and will be atleast for the next 7-8 years, but you know the problem with Japan inc, Japan inc aren't good salesmen and fail to compete in cost effectiveness.

In the US, there are things called compliance cars, which are cars a manufacturer only makes to get the average emissions of its lineup within emissions standards. These cars will be made in small numbers and are not designed to sell on their own terms. I suppose the easiest way to make a compliance car is to rebadge one of someone else's models, possibly an EV that GM makes already....

@kohakuebisu

In the US, there are things called compliance cars, which are cars a manufacturer only makes to get the average emissions of its lineup within emissions standards.

GM pledged to sell only EVs and fuel cell vehicles by 2035.

https://www.nytimes.com/2021/01/28/business/gm-zero-emission-vehicles.html

G.M. Will Sell Only Zero-Emission Vehicles by 2035

@Sindhoor GK

actually Honda has no deals with LG

This deal is an LG deal because GM's Ultium platform is a joint venture with LG and is 100% LG exclusive. So if Honda's using GM's Ultium platform, then Honda's using LG's battery.

Japanese Battery technologies are the best right now

Then how come European and American manufacturers don't use Japanese batteries.

Then how come European and American manufacturers don't use Japanese batteries.

Doesn't Tesla use Panasonic?

@socarateos

Doesn't Tesla use Panasonic?

Tesla used Panasonic because of the 10 year exclusivity contract it signed back in 2009 in exchange for investment and low battery prices. After 2019, Tesla is diversifying, where cheap models get Panasonic and CATL batteries while extended range models get LG batteries.

@HillClimber

Correcting disinformation time

That's what I am trying to do here.

Honda of America is not Honda Japan. Honda of America develops and produces its own models which normally aren't sold in Japan, and sells Japanese models alongside.

So why couldn't Honda of Japan provide Honda of America with product it needed? Honda Japan couldn't.

Making out like it's a 50/50 joint venture to produce the platform with GM is pure fantasy.

Here is the cold hard reality.

https://www.theverge.com/2015/10/20/9573543/chevy-bolt-electric-lg-car-partnership

Chevy is working so closely with LG on the Bolt, it's almost 'the LG car'

https://plants.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2020/nov/1105-ultium.html

Ultium Cells LLC is a joint venture with LG Chem that will mass-produce Ultium battery cells for electric vehicles and create more than 1,100 new jobs in Northeast Ohio.

.

GM has the deal with LG, and Honda has a deal with GM. It's that simple. 

And LG makes the batteries that go into badge-engineered Honda, it's that simple.

GM will supply completed platforms to Honda to add the rest of the compnents and body parts on their production line.

This is a badge-engineering deal; GM-LG vehicles manufactured at GM plants and have Honda badge slapped on them.