Honda

Canvas Category OEM : Automotive

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Primary Location Minato, Tokyo, Japan

Financial Status TYO: 7267

Honda has been the world’s largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019, as well as the world’s largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. Honda was the eighth largest automobile manufacturer in the world in 2015. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, which began production in 2012.

Assembly Line

GM-Honda Begin Commercial Production at Industry’s First Hydrogen Fuel Cell System Manufacturing Joint Venture

📅 Date:

🏢 Organizations: General Motors, Honda


In a pivotal moment in the commercialization of hydrogen fuel cell systems, GM and Honda today announced the start of production at their 50-50 joint venture production facility, FCSM. FCSM is the first large-scale manufacturing joint venture to build fuel cells. FCSM was established in Brownstown, Michigan, in January 2017 based on a joint investment of $85 million. The 70,000-square-foot facility has already created 80 jobs. The world-class hydrogen power solutions built at FCSM will be used by both companies in various product applications and business ventures.

Read more at Honda News

INERATEC Raises $129 Million Led by Piva Capital to Usher in the Next Era of Sustainable Mobility

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: INERATEC, Piva Capital, Honda, Safran, Samsung


INERATEC, a pioneering e-Fuel company, announced it has raised over $129 million in its Series B funding round, led by Piva Capital with additional participation from HG Ventures, TDK Ventures, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures as well as the increased support from current investors, including global corporates like ENGIE New Ventures, Safran Corporate Ventures and Honda.

INERATEC’s technological advancement is a scalable patented technology that enables the production of ‘drop-in’ e-Fuels. The process involves two main steps: first, turning CO2 and hydrogen into synthesis gas, then using a second reactor to turn the synthesis gas into liquid and solid hydrocarbons. The e-Fuels are compliant with standards targeted for industries heavily relying on fossil fuels, such as aviation, shipping, road transport, and the chemical industry.

Since it was founded in 2016, INERATEC has built and operated numerous pilot plants and is engaged with over 30 customers in the respective fields of application. Additionally, the company has been recognized with several key awards, including the German Founders Award, the Next Economy Award, and the EARTO Award and was recently selected as Top Innovator by UpLink, the Innovation platform of the World Economic Forum.

Read more at PR Newswire

Seurat Technologies Raises $99M to Deploy Local Printing Factories, Decarbonize Manufacturing

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Seurat Technologies, NVIDIA, Honda


Seurat Technologies, the 3D metal printing leader that is making manufacturing better for people and the planet, today announced a $99 million Series C round led by NVentures, NVIDIA’s venture capital arm and Capricorn’s Technology Impact Fund focused on climate solutions. Seurat’s latest funding round includes participation from new investors Honda Motor and Cubit Capital, among others, as well as participation from previous investors, True Ventures, SIP Global Partners, Porsche Automobil Holding SE, Denso Global, General Motors Ventures, Maniv Mobility LP, and Xerox Ventures.

Powered by 100% green energy, Seurat is reinventing and reshoring manufacturing with its Area Printing technology developed at Lawrence Livermore National Laboratory. This 3D metal printing technology delivers high-precision, high-volume, decarbonized manufacturing, which Seurat anticipates will have the potential to directly mitigate as much as 100 million tons of CO2 by 2030.

Read more at PR Newswire

Toray and Honda Start Jointly Validating Chemical Nylon 6 Recycling for Automotive Applications

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🔖 Topics: Partnership

🏢 Organizations: Toray, Honda


Toray Industries, Inc., announced today it signed an agreement with Honda Motor Co., Ltd., to jointly develop a chemical recycling technology for glass-fiber reinforced nylon 6 parts recovered from end-of-life vehicles. The two have begun verifying this technology, which entails depolymerizing with subcritical water (see note) and regenerating the materials as caprolactam, a raw monomer.

Read more at Toray News

Helm.ai Announces $55 Million Series C Funding for its AI Software

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🔖 Topics: Funding Event

🏢 Organizations: Helm AI, Freeman Group, Honda, Goodyear


Helm.ai, a provider of next-generation AI software for autonomous driving and automation of robotics, today announced it raised $55 million in its Series C financing. The round was led by Freeman Group and also includes investments from venture capital firms ACVC Partners and Amplo as well as strategic investments from Honda Motor, Goodyear Ventures, and Sungwoo Hitech. This financing brings the total amount raised by Helm.ai to $102M. Helm.ai will use the funds for R&D, productization of its self-driving technologies, and to further execute on commercial engagements with customers and partners in the automotive and robotics sectors.

Read more at PR Web

Yorii Automobile Plant, Saitama Factory, Honda Motor Co., Ltd.

Missing Chips Snarl Car Production at Factories Worldwide

📅 Date:

✍️ Author: Debby Wu

🏭 Vertical: Automotive

🏢 Organizations: Aptiv, Ford, General Motors, Honda, Infineon, NXP Semiconductors, Renesas Electronics, Toyota, TSMC, Volkswagen


Semiconductor shortages may persist throughout the first half as chipmakers adjust their operations, researcher IHS Market predicted on Dec. 23. Automakers will start to see component supply gradually ease in the next two to three months, China Passenger Car Association, which groups the country’s largest carmakers, said Monday.

Chipmakers favor consumer-electronics customers because their orders are larger than those of automakers – the annual smartphone market alone is more than 1 billion devices, compared with fewer than 100 million cars. Automaking is also a lower-margin business, leaving manufacturers unwilling to bid up chip prices as they avoid risking their profitability.

Read more at Bloomberg (Paid)