Honda to set up China JV with Dongfeng, Guangzhou Auto to procure EV batteries

Honda to set up China JV with Dongfeng, Guangzhou Auto to procure EV batteries

FILE PHOTO: The Honda logo is seen on a Honda car displayed at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 29, 2018. REUTERS/Shannon Stapleton/File Photo

Honda Motor Co said on Wednesday its Chinese unit will establish a joint venture with Dongfeng Motor Group and Guangzhou Automobile Group Co at the end of the month to procure batteries for fully electric vehicles.