Honda and Hitachi Subsidiary
New company for EV motors
February 7, 2017, Tokyo, Japan - Japan's Honda Motor president Takahiro Hachigo (R) shakes hands with Japan's electronics giant Hitachi's auto parts subsidiary Hitachi Automotive Systems president Hideaki Seki as they agreed to form a joint venture to produce electric motors for vehicles at a press conference in Tokyo on Tuesday, February 7, 2017. The new electric vehicle motor company has plan to establish manufacture and sales bases subsidiaries in the United States and China. (Photo by Yoshio Tsunoda/AFLO) LWX -ytd-