Honda And Hanwa Alliance, Stable Procurement Of Battery Materials
Image Source: Reuters
Honda has formed an alliance with Hanwa Co., Ltd., a Japanese-based trading company, to procure essential metals for batteries required for its electrified vehicles.
Via this partnership, it will secure the medium to long term supply of necessary materials, e.g., nickel, cobalt and lithium.
This new establishment is to realize Honda’s carbon neutrality goal for all of its products and corporate activities by 2050.
Of which, it is aiming to make battery-electric vehicles (EVs) and fuel cell electric vehicles (FCVs) represent 100% of its global vehicle sales by 2040.
Toward this target, Honda is planning to launch 30 EV models globally by 2030, with production volume of more than 2 million units annually.
In short, Honda will continue working with a wide range of suppliers to ensure a stable supply of needed resources that will enable it to steadily execute its electrification strategy.
Gallery
Written By
Afiq Saha
Part of the CariCarz multi-faceted editorial team, Afiq is an English author packing four years of professional writing experience, be it creative or factual. (LinkedIn: www.linkedin.com/in/Afiq-Saha-AS27)
JPJ Running Numbers
KUALA LUMPUR
VRM1896
SELANGOR
BST1322
JOHOR
JC8464J
PULAU PINANG
PSE9351
PERAK
APK8494
PAHANG
CFH5135
KEDAH
KGH6571
NEGERI SEMBILAN
NEL5289
KOTA KINABALU
SJT6375
KUCHING
QAB4359P
Last updated 23 Aug, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
Latest News
From Batik Uniforms To Bilik Solat: 7 Things To Expect From The 160km/h ECRL
ECRL reveals new batik crew uniforms! Discover 7 key features of the 160km/h train experience, from bilik solat to OKU access, ahead of its 2027 launch.
20-08-2026
Ex-MITI Deputy Says Poor Communication Sparked Public Anger Over RM200k EV Rule
Ex-MITI Deputy Dr. Ong Kian Ming reveals why bad government PR sparked public outrage over Malaysia's RM200k CBU EV import rule and cheap Chinese imports.
19-08-2026
25 EV Fires In 3 Years — Why Bomba Says The Numbers Aren't What You Think
Bomba records 25 EV fires in Malaysia over 3 years. Discover why JBPM says numbers aren't rising and get the real facts behind the Cheras house fire.
18-08-2026
Who Can Fix Your Proton e.MAS Like A Pro? PRO-NET & TVETMARA Certify 37 High-Voltage Techs
PRO-NET & TVETMARA certify 37 Level 2 high-voltage EV technicians across 25 Proton e.MAS dealerships in M'sia to strengthen EV aftersales support.
12-08-2026
30,000 Cars Sold In 20 Months! How Proton e.MAS Became Malaysia's Undisputed #1 xEV Brand
Proton e.MAS hits 30,000+ sales in just 20 months! Discover how cheap condo charging, 4,700+ chargers, and 3 best-selling models made it Malaysia's #1 xEV brand.
11-08-2026
"Don't Just Come Here To Sell Cars": MITI Minister Demands EV Brands Help Build Chargers In Malaysia
MITI Minister Johari Ghani warns EV brands to build chargers in Malaysia, proposing a new EV sales levy to expand public charging nationwide. Read more!
10-08-2026
Not Enough Chargers, Now A New Levy? MP Slams Proposed Fee On EV Buyers
Malaysia's proposed EV levy on new car sales has sparked backlash over missing public chargers. Here is why critics say buyers shouldn't pay for the infrastructure shortfall.
07-08-2026
Is Zeekr’s 8-Year Warranty Worth It? 5 Game-Changing Perks Every Buyer Needs To See
Is Zeekr's 8-Year Extended Warranty worth it? Check out official Malaysia prices starting from RM4,999 for Zeekr X, 7X, & 009, plus key deadlines!
05-08-2026
Show More
trending_flat