Home / automotive / No. 0524
No. 0524
Published
Japan's Astemo to boost US motor capacity as client Honda shifts to hybrids
Why it matters
Honda supplier Astemo is investing about $379M to expand US electric-motor capacity as Honda leans into hybrids over pure EVs in North America. It's a concrete signal that Japanese automakers are betting on hybrids as the near-term bridge. Reads as competitor context for anyone tracking the Japanese auto majors.
The source
Nikkei Asia
Japan's Astemo to boost US motor capacity as client Honda shifts to hybrids
Read the original at asia.nikkei.com , opens in a new tab