Honda Motor (China) Funding Co., Ltd., a wholly-owned Honda subsidiary in China, a{introduced} that GAC Honda Car Co., Ltd. (GAC Honda), a Honda car manufacturing and gross sales three way partnership in China, started building of its new EV plant, taking a ahead step in establishing an acceptable EV manufacturing system and functionality in preparation for a rise within the variety of EV fashions in its product lineup.
Rendering of overhead view of GAC Honda’s new EV plant
GAC Honda’s devoted EV manufacturing plant will probably be newly constructed on a 400,000 m2 lot throughout the Guangzhou Financial and Technological Growth District, Guangzhou Metropolis, Guangdong Province, China. The plant is focused to start operation in 2024 with an annual manufacturing capability of 120,000 models.
With an preliminary funding plan of three.49 billion RMB (US$521 million), the plant will proactively pursue sustainable initiatives together with the usage of solar energy and different renewable power sources. Furthermore, by adopting a lot of superior manufacturing applied sciences, GAC Honda will try to make it a extremely environment friendly, sensible and low-carbon EV plant.
In China, Honda is planning to introduce 10 e:N Sequence EV fashions by 2027. GAC Honda’s new EV plant will grow to be a symbolic manufacturing operation that helps a broad EV lineup that GAC Honda will roll out within the coming years. It additionally will function a core operation of Honda EV manufacturing in China, along with the brand new EV plant which will probably be constructed by Dongfeng Honda Car Co., Ltd. (Dongfeng Honda) and is deliberate to start operation in 2024.
In 2024, when each the GAC Honda and Dongfeng Honda new EV vegetation grow to be operational, Honda may have a complete base annual car manufacturing capability of 1.73 million models.
Honda’s annual car manufacturing capability in China
| Plant | Present | In 2024 | ||
| GAC Honda | HuangPu Plant | No.1 | 240,000 | 240,000 |
| ZengCheng Plant | No.2 | 240,000 | 240,000 | |
| No.3 | 240,000 | 240,000 | ||
| Guangzhou Growth District Plant |
No.4 | 50,000 | 50,000 | |
| New EV plant | － | 120,000 | ||
| GAC Honda Complete | 770,000 | 890,000 | ||
| Dongfeng Honda | 1st Plant | 240,000 | 240,000 | |
| 2nd Plant | 240,000 | 240,000 | ||
| third Plant | 240,000 | 240,000 | ||
| New EV plant | － | 120,000 | ||
| Dongfeng Honda Complete | 720,000 | 840,000 | ||
| Complete in China | 1,490,000 | 1,730,000 | ||
