Honda will purchase Toyota made batteries for all of its U.S. hybrids
- Honda will start using Toyota's batteries for its approximately 400,000 hybrids sold in the US starting in fiscal 2025.
- Toyota's $14 billion battery plant in North Carolina is ready for business and aims to boost its production of batteries for Honda.
- This collaboration allows Honda to avoid tariffs while securing a local supply of batteries for its hybrid vehicles.
- Honda sold about 310,000 gasoline-electric cars in the US in 2024, making up over 20% of its US sales.
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Honda to procure hybrid car batteries from Toyota in U.S.
Honda Motor Co. plans to procure batteries for hybrid vehicles to be sold in the United States from a Toyota Motor Corp. plant in the country as part of efforts to realign its supply chain amid the threat of tariffs posed by U.S. President Donald Trump, according to sources familiar with the matter.
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