Honda joins forces with Japanese trading company to secure battery metals

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Honda has partnered with trading company Hanwa to ensure the supply of key metals for future electric vehicles.

The partnership will ensure Honda’s medium to long-term stable sourcing of key metals needed for batteries, including nickel, cobalt and lithium.

Securing the supply of such materials will be important to ensure that Honda does not experience significant metal shortages as production of electrified vehicles ramps up.

The Japanese manufacturer aims to have battery-electric and fuel-cell electric cars that will represent 100 percent of its global car sales by 2040. As it approaches this goal, Honda plans to bring 30 electric models to market worldwide by 2030, with production exceeding 2 million units per year.

“Honda will continue to work with a wide range of suppliers to ensure a stable supply of necessary resources that will enable Honda to steadily execute on its electrification strategy leading to the realization of Honda’s goal of carbon neutrality,” added the automaker. in a statement.

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Also read: Here’s everything we know about the Honda Prologue 2024

A key EV currently under development by Honda is the Prologue 2024. The crossover is supported by General Motors’ scalable Ultium battery-electric architecture already used by the Chevrolet Silverado EV, GMC Hummer EV and Cadillac Lyriq, among others.

While many technical specifications about the Honda Prologue remain secret, the Ultium battery will likely have a capacity of 100 kWh which should give a range of more than 483 km on a single charge. Honda will likely sell the crossover in both rear-wheel drive configurations with one engine and four-wheel drive configurations with two engines.

CarScoops understands that the Prologue supports DC fast charging of up to 190 kW, which means 122 km of range can be added in 10 minutes.

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