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Business deals

China's CATL to supply Honda with EV batteries through 2027

Fujian Province-based company to set up R&D facility for automaker in Japan

A Honda electric-vehicle prototype displayed at a Beijing motor show. The Japanese automaker plans to power its new electric offerings in China with CATL batteries.   © Reuters

TOKYO -- Chinese auto battery maker Contemporary Amperex Technology announced Tuesday that it will partner with Honda Motor to develop lithium-ion batteries, its latest effort to expand its global footprint.

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