Hanwa has handled materials for rechargeable battery manufacturing since the 1990s. In addition to nickel and cobalt, Hanwa is also focusing on lithium by investing in the Bacanora Lithium.
Honda Motor Co. said in Japan yesterday that it has established a strategic partnership with Hanwa* Co., a Japanese trading company, to buy essential metals for batteries necessary for its electrified vehicles.
Through the Hanwa partnership, Honda said it will ensure stable procurement in the medium to long term, of essential metals necessary for batteries such as nickel, cobalt and lithium, with the mined resources secured by Hanwa. It’s the latest move in what has become and EV battery ‘Gold Rush’ albeit centered on nickel, cobalt, and lithium. It remains problematic that China is well entrenched in EV research and development, manufacturing and various processes needed to support EVs.
Honda also says it “will continue working with a wide range of suppliers to ensure stable supply of necessary resources, that will enable Honda to steadily execute its electrification strategy leading to the realization of Honda’s carbon neutrality goal.”
Honda previously said that battery-electric vehicles (EVs) and fuel cell electric vehicles (FCVs) will represent 100% of its global vehicle sales by 2040. Honda is planning to launch 30 EV models globally by 2030 with production volume of more than 2 million units annually.
* Hanwa is active in Japanese sales and import/export businesses in steel products, steelmaking raw materials, construction materials, housing materials, non-ferrous metals, petroleum, chemicals, food products, lumber, cement, industrial machinery. Hanwa has been handling the raw materials essential for rechargeable battery manufacturing since the 1990s. In addition to nickel and cobalt, Hanwa is also focusing on lithium and investing in the Bacanora Lithium project. Hanwa has 5,123 employees as of March 31, 2022. Yoichi Nakagawa is president. Capital is ¥45.65 billion.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Honda and Hanwa Combine to Buy Battery Metals
Hanwa has handled materials for rechargeable battery manufacturing since the 1990s. In addition to nickel and cobalt, Hanwa is also focusing on lithium by investing in the Bacanora Lithium.
Honda Motor Co. said in Japan yesterday that it has established a strategic partnership with Hanwa* Co., a Japanese trading company, to buy essential metals for batteries necessary for its electrified vehicles.
Through the Hanwa partnership, Honda said it will ensure stable procurement in the medium to long term, of essential metals necessary for batteries such as nickel, cobalt and lithium, with the mined resources secured by Hanwa. It’s the latest move in what has become and EV battery ‘Gold Rush’ albeit centered on nickel, cobalt, and lithium. It remains problematic that China is well entrenched in EV research and development, manufacturing and various processes needed to support EVs.
Honda also says it “will continue working with a wide range of suppliers to ensure stable supply of necessary resources, that will enable Honda to steadily execute its electrification strategy leading to the realization of Honda’s carbon neutrality goal.”
Honda previously said that battery-electric vehicles (EVs) and fuel cell electric vehicles (FCVs) will represent 100% of its global vehicle sales by 2040. Honda is planning to launch 30 EV models globally by 2030 with production volume of more than 2 million units annually.
* Hanwa is active in Japanese sales and import/export businesses in steel products, steelmaking raw materials, construction materials, housing materials, non-ferrous metals, petroleum, chemicals, food products, lumber, cement, industrial machinery. Hanwa has been handling the raw materials essential for rechargeable battery manufacturing since the 1990s. In addition to nickel and cobalt, Hanwa is also focusing on lithium and investing in the Bacanora Lithium project. Hanwa has 5,123 employees as of March 31, 2022. Yoichi Nakagawa is president. Capital is ¥45.65 billion.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.