Honda and CATL have reportedly teamed up to build affordable all-electric Fit-based car
According to a Nikkei report, Japanese automaker Honda is partnering with China’s biggest battery manufacturer CATL to work on an important new global electric vehicle (EV) program.
The disclosure by Nikkei is noteworthy because Honda is one of the leading automakers that have made very little EV efforts. As a result, the automaker is currently lagging behind its competitors in terms of attempts being made towards the electrification of vehicles.
The Nikkei report has revealed that the important EV program for which Honda is teaming up with CATL -- a company that has signed contracts with the Nissan-Renault, NEVS, and other automakers -- will focus on developing an all-electric car “based on Honda’s Fit mini vehicle.”
The report has further elaborated that the all-electric which Honda and CATL plan to create will be affordably priced at “slightly more than 2 million yen ($18,000).” The car will be equipped with “a small battery” and will have “a relatively short range of 300km on a single charge.”
As per the report, Honda and CATL plan to produce 100,000 units of the all-electric car per year, with the production likely to commence in 2020. The car will be sold in China as well as in other markets.
Chinese EV manufacturer BYD has recently announced that it is opening a new battery factory in the Qinghai province in western China.
South America is still lagging behind in adoption of electric vehicles. Chinese companies are already approaching public transport authorities across the world to offer their electric and hybrid urban mobility solutions.
At the 2018 Beijing Auto Show last week, Chinese manufacturer BYD unveiled its all-electric E-SEED concept SUV. The unveiling of the E-SEED concept came in addition to the company’s introduction of its new Tang plug-in hybrid at the auto show.
According to a recent Autocar magazine report, German automaker Volkswagen’s R performance division is presently exploring the possibility of producing performance-centric electric vehicles (EVs) in the future.
Earlier this week, Canada-based car manufacturer Magna International announced that it is forming a joint venture with BAIC subsidiary Beijing Electric Vehicle Company for producing two new premium electric cars in China.
At the 2018 Quail Motorcycle Gathering in Carmel, California this week, Curtiss Motorcycles unveiled its powerful new dual motor Zeus electric motorcycle concept to the public for the first time.