Honda, Hitachi Automotive say to form EV motor joint venture

Honda Motor Co Ltd and Hitachi Ltd’s automotive unit said on Tuesday they would form a joint venture to develop, produce and sell motors for hybrid petrol-electric cars and fully electric vehicles (EV).

Honda Motor Co Ltd and Hitachi Ltd’s automotive unit said on Tuesday they would form a joint venture to develop, produce and sell motors for hybrid petrol-electric cars and fully electric vehicles (EV).