AutomobilesHonda and POSCO to partner on EV battery recycling, materials
Japanese carmaker looks to strengthen parts supply chain amid rising demand
Honda is looking to strengthen its relationship with material suppliers. © Reuters
SHIZUKA TANABE, Nikkei staff writer
TOKYO -- Honda Motor has begun exploring a partnership with South Korean steelmaker POSCO Holdings on recycling electric vehicle batteries and other initiatives, the Japanese carmaker announced Tuesday, as it aims to strengthen a crucial procurement relationship.