Honda, Mitsubishi Corp sign pact to optimise use of EV batteries

Honda, Mitsubishi Corp sign pact to optimise use of EV batteries

Thursday, October 12, 2023

TOKYO, Oct 12 (Reuters) - Japanese automaker Honda Motor (7267.T) and trading house Mitsubishi Corp (8058.T) have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday.

The move comes as car makers worldwide embrace battery-driven electric vehicles, but struggle with questions such as tackling the environmental impact after the batteries run out.

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