Honda to Utilize Existing Powertrain Unit Factory to Establish New Production Plant for Next-generation Fuel Cell System in Japan
TOKYO, Dec 18, 2024 – (JCN Newswire via SeaPRwire.com) – Honda Motor Co., Ltd. today announced that it has decided to build a new plant in Japan to produce the next-generation fuel cell system being developed independently by Honda.Honda aims to start operating the new plant in the fiscal year ending March 31, 2028 (FY2028), utilizing part of the land and buildings of the Powertrain Unit Factory, located in Moka City, Tochigi Prefecture, Japan, which discontinued production of automobile powertrain components in October 2024. The new plant will be the first facility dedicated to the production of the fuel cell system being developed independently by Honda and will feature state-of-the-art equipment to achieve high-efficiency and high-quality production with annual production capacity of 30,000 units. Honda is expecting to receive a government subsidy for the production of next-generation fuel cell systems, including the establishment of the new plant, as it has qualified for a project led by the Japanese Mini…