Honda's China division announced on September 7 that it had signed a memorandum of strategic cooperation with Chinese battery giant CATL. Honda also will jointly establish a new venture in China at the end of September.
On August 23, the China Association of Automotive Manufacturers (CAAM) announced the top 10 sales list of SUV brands in the domestic market during July, among which BYD's Song DM model sold over 30,000 units, reaching the top of the list.
At a press conference held on Wednesday, Honda China stated that it planned to introduce 10 Honda-brand EV models in the next five years, and that all new models launched in China after 2030 will be electric.
Honda is working with Alibaba to develop services for Internet-connected cars. More and more carmakers are starting to work with Chinese Internet giants to further deepen China’s car market, which is the largest in the world.