Honda open to new alliances to bring down EV costs, says CEO

Honda open to new alliances to bring down EV costs, says CEO

Friday, July 16, 2021

TOKYO, July 16 (Reuters) - Honda Motor Co's (7267.T) new chief executive said on Friday the Japanese automaker was willing to form new alliances to make electrification profitable.

"If through an alliance Honda can accomplish early what it should aim to be, then we'd be willing to form an alliance," Toshihiro Mibe, who took the top job in April, told a press briefing, when asked how he envisions global alliances on electrification.

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