TOKYO -- Honda Motor will procure batteries for its hybrid vehicles (HVs) from Toyota Motor's plant in the U.S., Nikkei has learned, as President Donald Trump's latest tariff announcements begin to reshape global supply chains.
Automobiles
Honda to procure batteries for hybrids from Toyota's U.S. plant
Risk of higher tariff on components drives the automaker to change sources
U.S. President Donald Trump's tariffs move Honda Motor to change its procurement sources.
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