BEIJING, China, January 5, 2022 Honda Motor (China) Investment Co., Ltd., a wholly owned Honda subsidiary in China, today announced that Dongfeng Honda Automobile C o., Ltd., a Honda automobile production and sales joint venture in China, will build a new dedicated e lectric vehicle (EV) production plant to establish sufficient production system and capability in preparation for the expansion of its EV lineup in the co ming years.

Aiming to begin production in 2024 the new dedicated EV plant will be built in Wuhan Economic Development Zone in Hubei Province , China with a lot size of 630,000 square meters and a basic annual production capacity of 120,000 units.

Designed as a highly efficient and smart plant capable of start to finish EV production , the new plant will conduct complete processes for EV production including stamping , welding, painting, assembly and complete vehicle inspection. The plant also will strive to achieve an industry leading level of automation , mainly in the assembly area.

Moreover, the new plant will proactively pursue sustainability initiatives which will include utilization of renewable energy sources such as solar power toward the realization of carbon neutrality, use of recycled water and other resource conservation measures and reduction of VOC* emissions, a major source of air pollution.

Honda will continue accelerating its electrification efforts toward the realization of carbon neutrality by 2050 and offering attractive products that exceed customer expectations.

■ About Dongfeng Honda Automobile Co., Ltd. (as of January 2022)
Established :                    July 2003
Capital investment :       US$ 948 million
Capitalization ratio :       40% Honda Motor Co., Ltd.
                                         10% Honda Motor (China) Investment Co., Ltd.
                                         50% Dongfeng Motor Group Co ., Ltd.
Location :                         Wuhan City , Hubei Province
Representative :              Tatsuya Natsume President
Employment :                  Approximately 13,700 associates
Basic production capacity : 720,000 units
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