Honda follows Apple model on EVs, working directly with suppliers

New supply chain puts emphasis on batteries, semiconductors

20230501N Honda Mibe

Honda CEO Toshihiro Mibe is presiding over a major shift in Honda's EV supply chain. (Photo by Tetsuya Kitayama) 

SHIZUKA TANABE, Nikkei staff writer

TOKYO -- Honda is ramping up investment in domestic battery production and moving to partner directly with Taiwan Semiconductor Manufacturing Co. (TSMC) on procurement, part of a supply chain overhaul it hopes will supercharge its pivot to electric vehicles.

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