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Honda China venture begins construction of Guangdong EV factory

TOKYO (Reuters) -Honda Motor Co Ltd said on Tuesday its joint venture in China with Guangzhou Automobile Group Co has begun building an electric vehicle factory in Guangdong...
Honda China venture begins construction of Guangdong EV factory © Reuters. FILE PHOTO: A Honda E electric car is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir

TOKYO (Reuters) -Honda Motor Co Ltd said on Tuesday its joint venture in China with Guangzhou Automobile Group Co has begun building an electric vehicle factory in Guangdong province with an initial investment of 3.49 billion yuan ($522 million).

The Japanese automaker is aiming to start the factory's operation in 2024, it said in a statement. The new factory has an annual production capacity of 120,000 units.

The dedicated EV plant will support Honda's "core operation" of EV production in China, where competition for battery-driven vehicles is heating up, the company said.

Honda said another EV plant in China, in a joint venture with Dongfeng Motor Group, is also expected to start operations in 2024.

The Japanese automaker projected its annual automobile production capacity in China to increase by about 16% to 1.73 million units in two years.

($1 = 6.6872 yuan)

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BROKERS ĐƯỢC CẤP PHÉP
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27-06-2022 10:27:04 (UTC+7)

EUR/USD

1.0555

+0.0001 (+0.01%)

Summary

Neutral

Moving Avg:

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EUR/USD

1.0555

+0.0001 (+0.01%)

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Neutral

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GBP/USD

1.2273

+0.0011 (+0.09%)

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↑ Sell

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USD/JPY

134.79

-0.38 (-0.28%)

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AUD/USD

0.6914

-0.0034 (-0.49%)

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USD/CAD

1.2883

-0.0010 (-0.08%)

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↑ Buy

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EUR/JPY

142.26

-0.40 (-0.28%)

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EUR/CHF

1.0112

+0.0003 (+0.02%)

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Buy

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Gold Futures

1,836.85

+6.55 (+0.36%)

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Silver Futures

21.390

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Copper Futures

3.7847

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107.58

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↑ Sell

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109.07

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6.204

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US Coffee C Futures

223.40

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Euro Stoxx 50

3,533.17

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S&P 500

3,911.74

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DAX

13,118.13

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FTSE 100

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Hang Seng

22,316.50

+597.44 (+2.75%)

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Sell

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US Small Cap 2000

1,765.74

+54.06 (+3.16%)

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IBEX 35

8,244.10

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42.215

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57.79

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181.20

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170.36

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5.966

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102.62

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8.919

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    EUR/USD 1.0555 Neutral  
    GBP/USD 1.2273 ↑ Sell  
    USD/JPY 134.79 Neutral  
    AUD/USD 0.6914 ↑ Sell  
    USD/CAD 1.2883 ↑ Buy  
    EUR/JPY 142.26 ↑ Sell  
    EUR/CHF 1.0112 Buy  
    Gold 1,836.85 ↑ Sell  
    Silver 21.390 Sell  
    Copper 3.7847 ↑ Sell  
    Crude Oil WTI 107.58 ↑ Sell  
    Brent Oil 109.07 ↑ Sell  
    Natural Gas 6.204 ↑ Sell  
    US Coffee C 223.40 ↑ Buy  
    Euro Stoxx 50 3,533.17 Neutral  
    S&P 500 3,911.74 ↑ Buy  
    DAX 13,118.13 ↑ Sell  
    FTSE 100 7,208.81 ↑ Buy  
    Hang Seng 22,316.50 Sell  
    Small Cap 2000 1,765.74 ↑ Buy  
    IBEX 35 8,244.10 Sell  
    BASF 42.215 ↑ Buy  
    Bayer 57.79 ↑ Sell  
    Allianz 181.20 ↑ Sell  
    Adidas 170.36 ↑ Sell  
    Lufthansa 5.966 ↑ Sell  
    Siemens AG 102.62 ↑ Buy  
    Deutsche Bank AG 8.919 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,775/ 6,845
(15/ 5) # 1,674
SJC HCM6,795/ 6,865
(10/ 0) # 1,695
SJC Hanoi6,795/ 6,867
(10/ 0) # 1,697
SJC Danang6,795/ 6,867
(10/ 0) # 1,697
SJC Nhatrang6,795/ 6,867
(10/ 0) # 1,697
SJC Cantho6,795/ 6,867
(10/ 0) # 1,697
Cập nhật 27-06-2022 10:27:09
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Cập nhật lúc 10:22:11 27/06/2022
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