CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
Honda Motor is launching its newest range of electric vehicles in China, and this was announced on Wednesday, Oct. 13. The Japanese carmaker revealed that its new brand of EV cars would be sold under the “e:N Series” model lineup.
According to Reuters, Honda Motor will only release and sell battery electric, hydrogen fuel-cell, or petrol-electric hybrid vehicles in the said country from 2030. To kick off its plans for gas-free vehicles, it will be rolling out 10 e:N Series model units in partnership with the Chinese local firms Dongfeng Motor and Guangzhou Automobile Group (GAC) in the next five years.
It was reported that the Japanese automaker’s joint ventures - Dongfeng-Honda and GAC-Honda - will also be building new EV-only vehicle assembly factories in the country. Once completed, the plants are expected to start their production operations in 2024.
“Starting from the desire to help people and society, Honda has been striving to serve people worldwide with the joy of expanding their life’s potential by offering a wide variety of mobility products,” Honda stated in a press release. “To realize a sustainable society, Honda has been fully committed to addressing environmental and safety challenges and, in April of this year, announced its new goals to realize both carbon neutrality and zero traffic collision fatalities by 2050.”
The company added that while boosting its initiatives in regions worldwide toward the realization of their goals, Honda will also be implementing proactive measures in China which is a nation that is currently experiencing rapid technological innovation.
The new Honda EV concept cars that include the e:N GT sedan, e:N SUV, and e:N Coupe, a sporty-looking hatchback, will use new vehicle operating systems that are being developed and created based on an auto product platform made for EVs.
Finally, it was reported that Honda Motor will be putting up an e:N Series section in all of its retail stores to showcase its new line. It will introduce its first Honda EV in China in the spring of 2022 and will be available for sale at this time as well.
