Honda Creates EV Unit To Speed Up Electrification, Cuts Sales Regions via insideevs.com
Honda Motor Company has announced organizational and operational changes at its car making business aimed at strengthening and speeding up electrification.is creating a new division suggestively called Electrification Business Development Operations, aimed at consolidating the company's electrification strategy across its automobile, motorcycle and power products divisions.
"This operation will consolidate the business strategy and BEV product development functions of automobile business and electrification-related strategy and development functions of motorcycle and power products businesses to further strengthen and accelerate Honda's electrification business."In addition, the automaker said it would streamline its regional operations by cutting them from six to three: North America, China, and Associated Regions.
"With this change, Honda will execute electrification strategies and strengthen operations for each region based on its global strategy," the company said in the press release. The main goal of shifting from six to three regional operations is to"rapidly develop the implementation of resource shifts in accordance with the future lineup strategy in line with the electrification acceleration," a Honda spokesperson said in a briefing according toThe representative added that Honda anticipates its vehicle lineup in North America and China would be mid- to large size, compared to small- to mid-size in the rest of the sales regions.
The shake-up is part of Honda's efforts to catch up with EV segment leaders Tesla and BYD in North America and China. Honda last year announcedThat goal seems overly ambitious at the moment looking at the automaker's lineup. Honda is yet to launch its first EV in North America –
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Honda to create division to speed up electrification developmentHonda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure.
Read more »
Honda To Accelerate Electrification Push By Creating A New Dedicated Division | CarscoopsThe new division will consolidate Honda's automotive, powersport, and motorcycle electrification efforts
Read more »
NJ biology professor creates a music album for the history booksWe're Philly Proud of a local biology professor-turned-musician who called on his school community to create an album of educational songs.
Read more »
Havertown Girl Scout creates cookbook to help food pantry clients'My grandma thought it would be a good idea to write a cookbook since I cook so much,' said Emma.
Read more »
Breakingviews - Amazon creates bazaar for U.S. banking wannabesAmazon.com has rounded up some unusual suspects. The e-commerce goliath recently added to its growing pile of debt with an $8 billion loan. The extra funding is curious, but not as much as the foreign banks providing it.
Read more »