Honda increases production capacity of its Chinese plants

Guangqi Honda submitted a bidding application to the Guangzhou Municipal Government and plans to increase the production capacity of electric vehicles and other new energy vehicles in China.Asian Metal Copyright Honda will invest approximately RMB3 billion USD463 million through a joint venture to expand its existing plant in Guangzhou.Asian Metal Copyright Honda will invest approximately RMB3 billion (USD463 million) through a joint venture to expand its existing plant in Guangzhou.Asian Metal Copyright61 million vehicles.Asian Metal Copyright It is planned that the newly added annual production capacity of 120,000 vehicles will be put into production as soon as February 2024, and the construction is planned to start in October; the new plant is expected to increase China's annual production by about 10% to 1.Asian Metal Copyright It is planned that the newly added annual production capacity of 120,000 vehicles will be put into production as soon as February 2024, and the construction is planned to start in October; the new plant is expected to increase China's annual production by about 10% to 1.Asian Metal Copyright61 million vehicles.
.Asian Metal Copyright It is planned that the newly added annual production capacity of 120,000 vehicles will be put into production as soon as February 2024, and the construction is planned to start in October; the new plant is expected to increase China's annual production by about 10% to 1Asian Metal Copyright