Honda (HMC) will acquire batteries for its hybrid vehicles from Toyota’s (TM) plant in the U.S., Nikkei Asia reports. Starting in fiscal 2025, Honda will take in batteries for approximately 400,000 vehicles, enough for all of the HVs it sells in the country. Honda currently sources batteries for the cars it assembles in the U.S. from Japan and China, but is readying itself for the higher tariff risk under U.S. President Donald Trump, according to the report.
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