Honda will utilize cheaper steel vehicle bodies to counter China-made EVs

Digitimes
By Peng ChenApr 22, 2024, 4:47 am194 ptsTop
Reducing production costs has been a major task for carmakers as a price war persists in the EV market. According to Nikkei, Honda Motor is trying to produce integrated vehicle bodies with cheaper steel through collaboration with Europe-based steel maker ArcelorMittal.

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