Honda taps China's EV battery king CATL for 7-year supply deal

Procurement supports over 1m electrics, as automaker plans Chinese expansion

20221208N honda ev

CATL will supply batteries for Honda Motor EVs manufactured under the e:N brand. Honda plans to roll out 10 EV models in China through 2027.

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- Honda Motor struck a seven-year agreement for China's Contemporary Amperex Technology (CATL) to supply batteries powering over 1 million electric vehicles, the Japanese automaker said Thursday.

CATL, the world's largest producer of EV batteries, will supply them to one of Honda's Chinese joint ventures from 2024 to 2030. The value of the deal was not disclosed.

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