AAA weekly

2022-07-15

Honda Motor’s Global Production Capacity of Automobiles

Honda Motor’s global automobile production capacity peaked at 5.7 million units / year in 2019, but shrank to 5.48 million units in 2021 and to 5.14 million units as of June 2022. The decline in production capacity is due to several plant closures around the world. Honda discontinued production in the Philippines in March 2020, in Argentina around May 2020, in the UK in July 2021, in Turkey in September 2021 and at the Sayama Automobile Plant in Japan at the end of December 2021. In contrast, in anticipation of rising demand in China, Honda is building two new BEV-only factories in the country which are scheduled to start operations in 2024.

Honda Motor: Capacity Increase Plans of Automobile Production Bases (2024)

Dongfeng Honda’s New BEV Plant

・In January 2022, Dongfeng Honda announced that it would build a BEV-only plant in Wuhan city, Hubei province. - Operations are scheduled to start in 2024. - Site area: 630,000m2 - Production capacity: 120,000 units/year - Investment amount: Approx. 4 billion CNY (media report) - Production processes include stamping, welding, coating, assembly and final inspection. Mainly the assembly process is automated.

GAC Honda’s New BEV Plant

・In June 2022, GAC Honda announced that it would build a BEV-only plant in Guangzhou city, Guangdong province. - Operations are scheduled to start in 2024. - Site area: 400,000m2 - Production capacity: 120,000 units/year - Investment amount: 3.49 billion CNY - Utilizing renewable energy, the plant is intended to be a highly efficient, smart and low-carbon BEV factory. ・Both plants are expected to manufacture Honda’s e:N series which is BEV-only and exclusively sold in China. Honda plans to launch 10 e:N series models in China by 2027. ・Once the two plants begin operations, Honda’s production capacity in China will increase from 1.49 million units as of June 2022 to 1.73 million units in 2024. (Created using Honda Motor’s PR materials and various media sources)
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