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<blockquote data-quote="Weather Man" data-source="post: 16816491" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3880318-honda-motor-inks-partnership-with-hanwa-to-secure-supply-of-battery-metals?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Honda Motor inks partnership with Hanwa to secure supply of battery metals</a></h3><p><a href="https://seekingalpha.com/symbol/HMC?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">HMC +0.19%</a>Sep. 06, 2022 6:10 AM ET</p><p></p><ul> <li data-xf-list-type="ul">Japanese automaker, Honda Motor (NYSE:<a href="https://seekingalpha.com/symbol/HMC" target="_blank">HMC</a>) said on Tuesday that it <a href="https://www.reuters.com/business/autos-transportation/honda-forms-partnership-stable-supply-battery-metals-2022-09-06/" target="_blank">entered</a> a partnership with trading company Hanwa Co to secure stable supply of metals used in batteries for electrified vehicles.</li> <li data-xf-list-type="ul">The company will be able to obtain essential metals such as nickel, cobalt and lithium through the partnership in the medium to long term.</li> <li data-xf-list-type="ul">For the current year, the company laid out a target to roll out 30 electrified vehicle models globally and produce more than 2M</li> <li data-xf-list-type="ul">EVs a year by 2030. It aims at selling only fully electric vehicles and fuel cell electric vehicles by 2040.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16816491, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3880318-honda-motor-inks-partnership-with-hanwa-to-secure-supply-of-battery-metals?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Honda Motor inks partnership with Hanwa to secure supply of battery metals[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/HMC?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']HMC +0.19%[/URL]Sep. 06, 2022 6:10 AM ET [LIST] [*]Japanese automaker, Honda Motor (NYSE:[URL='https://seekingalpha.com/symbol/HMC']HMC[/URL]) said on Tuesday that it [URL='https://www.reuters.com/business/autos-transportation/honda-forms-partnership-stable-supply-battery-metals-2022-09-06/']entered[/URL] a partnership with trading company Hanwa Co to secure stable supply of metals used in batteries for electrified vehicles. [*]The company will be able to obtain essential metals such as nickel, cobalt and lithium through the partnership in the medium to long term. [*]For the current year, the company laid out a target to roll out 30 electrified vehicle models globally and produce more than 2M [*]EVs a year by 2030. It aims at selling only fully electric vehicles and fuel cell electric vehicles by 2040. [/LIST] [/QUOTE]
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