Honda Aircraft Company has delivered the HondaJet Elite to the Red Bull Formula 1 racing teams, Scuderia AlphaTauri.

Honda Motor

Red Bull Racing

Honda is partnering with Reddit to launch a retro-style racing game on the social media platform.

Reddit

Shell lubricants and Honda partner to launch engine oil range for Honda two-wheelers.

Shell

Honda becomes exclusive automotive partner of Riot Games League of Legends Championship Series (LCS)

A foundational component to the next generation of digital entertainment.

Esports

Riot Games

Companies developing esports related titles.

Honda will be a title sponsor of the 2019 National Urban League  conference in Indianapolis, Indiana. In addition to its financial sponsorship,  Honda will take part in a variety of activities, including hosting 120 students from across the nation at its Honda Manufacturing of Indiana facility as part of the NUL's Youth Leadership Summit.

The National Urban League

Alibaba AI Labs, Alibaba Group’s AI research division, is partnering with automakers including Audi, Renault, and Honda to integrate its Tmall Genie Auto into certain models sold in China, the company announces at CES Asia in Shanghai.

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

Alibaba Group

Companies providing in-vehicle infotainment products such as audio equipment and other electronic systems

ITOCHU Corporation

First Imagine! Ventures

Contrarian Ventures

Smart Homes: Energy & Water Solutions

Moixa Technology

Companies that develop battery storage solutions for home use.

T. Rowe Price

General Motors

SoftBank Vision Fund

Cruise

The partnership will allow MONET to coordinate the vehicle data on passenger and object mobility that Honda obtains from its mobility services that utilize passenger cars and other vehicles

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

MONET Technologies

Startups offering management platforms that provide information and analytics to optimize route planning and usage for mass transport

Hino Motors

Cadbury Creme Egg has linked up with Honda, among others, to launch a takeover of out-of-home sites around London’s Waterloo Station. As part of the campaign, visitors to Waterloo Station and its surrounding area can take part in a digital Easter egg hunt.

Cadbury

Électricité de France

Next47

ubitricity

Honda R&D Americas collaborates with The Ohio State University to research walking assist device efficacy in people with parkinson's disease

The Ohio State University

Honda R&D Americas has teamed up with The Michael J. Fox Foundation to study the effectiveness of the Walking Assist Device in individuals who have Parkinson's disease.

Michael J. Fox Foundation

Zipcar, a car-sharing network, and Honda expand their strategic mobility partnership. The agreement will add hundreds of new Honda vehicles to Zipcar's diverse fleet, while focusing on supporting Zipcar's university program in California and the expansion of Zipcar's successful service in Columbus, Ohio.

Riding together toward a sustainable future

Shared Mobility

Zipcar

Short-term car rental platforms, often in the form of a marketplace, that allow users to rent a car by the hour, on-demand.

To expand their strategic partnership and provide more on-demand access to vehicles, including the Honda Civic, CR-V, Fit, HR-V, and Odyssey, for Zipcar members in Columbus and on university campuses in California.

Avis Budget Group

Phillips 66 enters into a collaboration with Honda Developer Studio to develop in-vehicle fuel payment integration.This allows Honda vehicle owners to reserve a pump and pay for fuel at Phillips 66, 76 and Conoco branded locations through their in-dash infotainment system.

Phillips 66

Companies providing software solutions for managing devices, and integrating external and internal systems for vehicles using internet connectivity

Honda unveils a fully integrated in-car experience, called Honda Dream Drive through a partnership with Visa, that allows drivers and passengers to use voice-control and mobile technology to buy gasoline, parking or order food and enjoy entertainment features integrated into the dashboard.

Visa

Volkswagen Group

Ford Motor

Nissan Motor

Hyundai Motor Company

Toyota Motor

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

INERATEC is a German company specializing in alternative fuels and e-chemicals. The company provides modular chemical plants for power-to-liquid, power-to-gas, and gas-to-liquid applications. It also converts hydrogen from renewable energy and CO2 into sustainable fuels (such as e-kerosene, CO2-neutral gasoline, clean diesel, or SNG) and chemical feedstock like waxes and methanol.INERATEC has already established industrial-scale power-to-liquid plants in Germany to increase the availability of sustainable fuel and chemicals for various industries, such as transportation and aviation. The groundbreaking for its pioneering plant was held in April 2023 in the industrial park Frankfurt Höchst, with the plant expected to produce up to 2,500 tons of sustainable e-fuels annually from 2024.Key customers and partnershipsINERATEC has followed a collaboration strategy for the research, development, and production of its solutions. In March 2022, the company partnered with Synhelion to leverage its technology to develop a solar solution to replace fossil fuels. In May 2022, Ineratec launched the “Care-O-Sene” project in collaboration with the South African Government, focussing on decarbonization projects aimed at the aviation industry. Further, it also entered into a partnership with Clariant to accelerate developments in sustainable fuel production and signed an MoU with Japanese company Chiyoda to establish power-to-liquid projects in Japan and Asia-Pacific. In April 2023, INERATEC announced a collaboration agreement with Ferrostaal Chile to jointly develop e-fuel projects in Chile.Funding and financialsINERATEC raised a total of EUR 20 million (~USD 22 million) in funding, as of April 2023, with its latest funding coming in January 2023 from an undisclosed investment led by Honda Motor Co. with participation from Engie New Ventures, MPC, Safran Corporate Ventures, FO Holding, Planet A Ventures, and HTGF. The new investment was to be used to support further growth and development of its technologies.

Emerging from stealth in 2022, NT-Tao is an Israel-based company developing a new approach to fusion. Although the company has not provided exact details of its technology, it states that it is developing a compact magnetic confinement system known as the Tao Machine with a proprietary plasma heating technology. The compact fusion reactor is expected to generate 10-20 MW of electricity and will be able to connect to the main grid and also be independent of it. The reactor is set to be the size of a shipping container.NT-Tao claims that the ultra-fast plasma-heating method can reach 1000x higher density than other fusion reactors. This would make its fusion reaction one million times more effective and result in significantly greater efficiency of energy production than other solutions available.NT-Tao aims to manufacture demonstration facilities by 2029 and commercialize them in the 2030s. As per the company’s CEO Oded Gour-Lavie, the estimated investment for a 20 MW power generation system is expected to be around USD 70 million to USD 100 million. The company anticipates generation costs to be 6 cents to 13 cents per kilowatt hour.Funding and financialsIn <a href="https://sp-edge.com/updates/16107">February 2023</a>, NT-Tao raised USD 22 million in a Series A funding round led by Delek US and NextGear Ventures. The company planned to use the funds to expand its team, accelerate prototype developments, and build its new research facility. Other companies that have invested in NT-Tao include Honda Motors and Mitsui Sumitomo Insurance.

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

Princeton NuEnergy (PNE) offers battery recycling solutions using its patented technology process called low-temperature plasma-assisted separation (LPAS). Its technology sorts, purifies, and regenerates cathode materials from used lithium-ion batteries. This direct recycling process can recover up to 95% of all constituent materials in lithium-ion batteries. The company claims that its production process uses 73% less energy and 68% less greenhouse gas emissions than the conventional cathode production process. In addition, the company aims to achieve 48% lower cost compared to virgin production of cathode materials.Key customers and partnershipsThe company, spun out from Princeton University in 2019, initiated <a href="https://sp-edge.com/updates/8976">commercialization efforts </a>in March 2022 through a partnership with electric industrial vehicle manufacturer Greenland Technologies Holding to develop recycling solutions for end-of-life lithium-ion batteries used in the latter’s vehicles. In October 2022, Princeton NuEnergy along with Winstron Greentech, a subsidiary of Taiwan-based Winstron Corporation, opened the <a href="https://sp-edge.com/updates/14062">pilot lithium-ion battery</a> (LIB) recycling production line in McKinney, Texas. The pilot plant can process up to 500 tons of LIBs per year and will use PNE’s proprietary low-temperature plasma-assisted separation (LPAS) recycling technology to process LIBs from consumer electronics and electric vehicle (EV) battery packs.&nbsp;Princeton is also working with leading scientists from Argonne National Lab, National Renewable Energy Lab, Oak Ridge National Lab, and the University of California Irvine, to advance and enhance the efficiency of its LPA.&nbsp;Funding and financialsPNE secured USD 16 million in a Series A funding round in <a href="https://sp-edge.com/updates/23553">November 2023</a> to be used to establish a new facility and bolster the company’s processing capacity. Earlier in <a href="https://sp-edge.com/updates/21712">September 2023</a>, the company was awarded a USD 4.4 million grant from the US Department of Energy (DOE) and the Office of Energy Efficiency and Renewable Energy (EERE) to advance Cathode-Active Materials (CAMs) manufacturing.

<div>
 
 Based in Germany and founded in July 2022, Tozero is a lithium-ion battery recycling startup that has developed a novel recycling process to recover raw materials such as lithium, nickel, and cobalt from lithium-ion batteries and converts them into battery-grade materials for use by battery producers. The company claims that it would be the first company in Europe to be able to recover all critical materials that exist in a lithium-ion battery and offer these materials at a reduced environmental footprint and strengthen the supply chain for lithium-ion battery materials in Europe.
 
 
 The company is developing its novel battery recycling technology in partnership with Professor Karl Bernhard Friedrich, a pioneer in battery recycling research at the Institute of Process Metallurgy and Metal Recycling (IME) at RWTH Aachen University, Germany.
 
 
 <a href="https://sp-edge.com/updates/12883">
 In September 2022,
 </a>
 the company raised EUR 3.5 million in pre-seed funding leading Atlantic Labs to support the construction of its prototype plant in Munich, Germany. 
 
</div>

Electrifying passenger and commercial travel

EV Economy

<div>
 
 SolidEnergy Systems (SES) is a lithium-metal battery developer and manufacturer of battery cells for EVs. SES hybrid Li-metal batteries replace the graphite anode with lithium-metal to improve energy density (to around 400 Wh/kg). SES also uses a hybrid electrolyte&mdash;the battery has a solid protective coating on the lithium-metal anode and a liquid in the cathode, unlike some solid-state batteries (Solid Power and QuantumScape) that are all-solid and free of any liquid. The company&rsquo;s battery is expected to enable a longer driving range (around 500&ndash;600 miles) and is also capable of reaching an 80% charge in under 15 minutes. In 2021, SES was the first company to introduce 100Ah Li-metal cells, globally.
 
 
 SES&rsquo; large format Li-metal EV and eVTOL cells known as &ldquo;Apollo&rdquo; can be customized for different OEM requests. As such, the company has begun pilot-scale manufacturing of 50Ah to 100Ah Li-Metal cells with GM, Hyundai, and Honda at their Shanghai (China) and Chungju (Korea) battery manufacturing facilities. The company aims to commercialize its batteries by 2025. SES 
 <a href="https://investors.ses.ai/news/news-details/2023/SES-to-Host-Battery-World-2023-and-Announce-Worlds-First-Automotive-B-sample-JDA-for-Li-Metal/default.aspx">
 expects
 </a>
 to establish the world&rsquo;s first B-sample Joint Development Agreement (JDA) with an automotive OEM in December 2023.
 
 
 &nbsp;
 Funding and financials
 
 
 In February 2023, SES received an undisclosed amount of cash grants from the South Korean Central Government. Prior to this in April 2021, the company raised USD 139 million in a Series D funding round led by General Motors, while in July 2021, it raised USD 100 million from Hyundai.&nbsp;
 
 
 SES was listed on NYSE through a SPAC merger in February 2022. The deal raised USD 275 million at a valuation of USD 3.6 billion. The proceeds were to be used to accelerate growth and fund key development initiatives.&nbsp;
 
 
 
</div>

Helm.ai develops advanced driver assistance system (ADAS) software, autonomous driving software, and robotics. The company’s Level 2–Level 4 autonomous driving stack consists of perception, intent modeling, path planning, and vehicle control. (Level 2 refers to vehicles that can control both the speed and the steering but require a vigilant safety driver; Level 4 refers to fully autonomous vehicles limited to specific locations and/or conditions.) The solution is agnostic, with many types of vehicle systems and sensors, and can understand sensor data as well as human inputs. The company uses an unsupervised learning approach to develop software that can train neural networks, eliminating the need for large-scale fleet data, simulation, or annotation. This significantly reduces the cost and timeline taken for the development of the systems.The company also operates a <a href="https://sp-edge.com/updates/28710">high-fidelity virtual scenario generation model</a> based on neural networks for perception simulation, and “<a href="https://sp-edge.com/updates/30637">VidGen-1</a>,” a generative AI (GenAI) model designed to produce realistic video sequences for autonomous driving development and validation.&nbsp;The company offers 3 products: “L2/L3 Helm Highway Pilot,” “L2/L3 Helm Urban Pilot,” and “L4 Highway Trucking.” The L2/L3 Helm Highway Pilot comes with a 360-degree vision-radar fusion and fusion with a semantic map. It is also suitable for curvy mountain roads and robust weather conditions. The L2/L3 Helm Urban Pilot enables stops at traffic lights and stop signs, crossing intersections, and taking turns. Meanwhile, L4 Highway Trucking comes equipped with 360-degree vision-radar-lidar fusion, fusion with HD, and semantic map. It also has advanced intent modeling and object recognition.Key customers and partnershipsHelm.ai sells its software to various OEMs and Tier 1 suppliers in the automotive industry. The company claims that it has attracted a number of customers including Honda.In March 2022, the company partnered with edge AI semiconductor and software company Ambarella to release a new perception software for Ambarella CVflow AI system on chip (SoC) architecture that makes Helm.ai’s ADAS software available to the ecosystem of customers and partners built around the Ambarella platform.

Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

<div>
 
 Seurat Technologies offers a metal additive manufacturing (AM) solution known as &ldquo;Area Printing,&rdquo; focusing on automotive, aerospace, energy, and consumer electronics industries. This technology splits a single laser beam into as many as 2.3 million beams to weld metal powder. Each laser beam picks a spot to weld, making parallel production possible. The company claims its tech increases production rates by 10x relative to incumbent solutions in the market. Seurat does not sell 3D printers and operates through the Area Printing Production (APP) program, which prints qualified parts at the company&rsquo;s localized production centers or partner centers closer to the customer. The first print depot was planned to be established at Seurat Technologies&rsquo; global headquarters in Wilmington, Massachusetts, with plans to establish more. The company aims to reduce the environmental impact of manufacturing by using green energy in its factories.
 
 
 Key customers and partnerships
 
 
 As of October 2023, the company had six letters of intent (LOIs) totaling 4,000 tons of material.&nbsp;
 
 
 In May 2023, Seurat Technologies, partnered with 
 <a href="https://sp-edge.com/updates/18171">
 Siemens Energy
 </a>
 to 3D print 59 tons of metal components for its turbines.
 
 
 Funding and financials
 
 
 In October 2023, Seurat Technologies raised 
 <a href="https://sp-edge.com/updates/23254">
 USD 99 million
 </a>
 in a series C round led by Capricorn Investment Group. The funds were expected to be used to scale up production capabilities and deploy printing factories near customer sites worldwide, reducing emissions from transportation and logistics while reshoring supply chains.
 
</div>

Moixa Technology is a British residential energy storage company that offers the Maslow energy storage system. The Maslow devices are designed for simple installation in residential homes, taking around one to two hours to install next to the meter. These devices are capable of being aggregated to form larger virtual energy systems, effectively functioning as a "virtual pumped hydro." Moixa's technology operates as an internet of Things device, enabling it to participate in grid-level energy services and create an additional revenue stream for homeowners while addressing challenges faced by the UK's energy grid. As of July 2015, the Maslow systems were installed at 250 UK sites.

Striemo manufactures and develops electric personal mobility.  Striemo was founded in 2021 and was headquartered in Tokyo, Japan.

tozero was founded in July 2022 in Munich, Germany, by Sarah Fleischer and Dr. Ksenija Milicevic Neumann. They are on a mission to build a scalable lithium-ion battery recycling machine to recover the critical materials inside, like lithium, nickel, cobalt, and graphite in a sustainable way. www.tozero.solutions

Princeton NuEnergy is a clean-tech startup that focuses on the direct recycling of lithium-ion batteries from electric vehicles and consumer electronics. Princeton NuEnergy's patented Direct Battery Recycling technology produces high-quality and high-value-added cathode active materials with low operating costs from spent lithium-ion batteries and delivers sustainable energy and environmental solutions.

Emporia is an electrical company that specializes in smart homes technology systems such as energy monitors, smart plugs, and batteries. The company was founded in 2018 and is based in Littleton, Colorado, United States.

Emulsion Flow Technologies offers rare metal recycling, utilizing emulsion flow technology, emulsion.

Seurat Technologies is transforming manufacturing for people and our planet. Area Printing by Seurat is the next generation of 3D metal printing designed for high-volume, decarbonized industrial production. By decoupling resolution and speed, Seurat is creating a scalable process that can compete with traditional manufacturing in every way. Seurat’s pioneering approach was originally developed at Lawrence Livermore National Laboratory (LLNL) and has over130 patents granted and pending.

Helm.ai develops AI software for driver assistance systems, autonomous driving, and robotics. Autonomous vehicle developers often rely on a combination of simulation and on-road testing, along with reams of datasets that have been annotated by humans, to train and improve the so-called “brain” of the self-driving vehicle. Helm.ai's software expedites the timeline and reduces costs; that lower cost also makes it particularly useful for advanced driver assistance systems. Helm.ai uses an unsupervised learning approach to develop software that can train neural networks without the need for large-scale fleet data, simulation, or annotation. The software is also agnostic to whatever compute and sensors are used in the vehicle, allowing Helm.ai to pitch to a diverse set of customers.

nT-Tao is building a compact fusion reactor that will generate 10-20 MW of electricity. The reactor is highly scalable and will be about the size of a shipping container, ensuring clean fusion energy wherever needed. The reactor’s scalability and affordability will make it suitable for various power needs, ranging from industrial and manufacturing facilities to small towns and off-grid locations. This scalability coupled with the ability for rapid deployment, positions nT-Tao’s reactor as a versatile and adaptable fusion energy solution.  nT-Tao’s unique solution relies on a proprietary plasma heating method which is expected to reach 1000 times higher density than other fusion reactors, thereby making its fusion reaction 1 million times more effective. nT-Tao’s ability for quick development iterations and its groundbreaking approach, dramatically reduces the size, cost, and complexity of fusion energy reactors. Co-founded by Oded Gour-Lavie, Doron Weinfeld, and Boaz Weinfeld, nT-Tao’s mission is to develop a unique nuclear fusion technology that will enable the world to transition towards a cleaner, decarbonized, sustainable, and advanced future.

INERATEC offers a wide range of solutions, from pilot applications to chemical plants. They make sustainable, CO2-neutral, and cost-effective e-fuels and e-products available to all. They provide reactors suitable for fluctuating renewable energy applications.

Ashirase is a developer of a walking navigation system for the visually challenged. The company assists visually impaired people in walking independently. This also allows the user to have more attention to spare for audible warnings in their environment. It includes voice input and guidance via a smartphone app. A vibration interface is attached to their shoes.

Stanley's R&D, design, manufacturing, sales, and administration divisions pool their innovations and skills. Stanley is able to design goods that match the expectations of a continually changing market because of that sense of community. As a pioneer and explorer of light, Stanley provides each of its products with the extra value and higher quality required to secure commercial success.

SolidEnergy manufactures rechargeable cells at a pilot scale for prototype demonstration and specialized aerospace markets.  But their real future lies in the materials they supply—anodes and electrolyte—for mainstream markets such as consumer electronics and electric vehicles. They supply these to large Li-ion cell manufacturers to be integrated with a separator and cathode into full cells which can be customized for different applications including drones, consumer electronics, and electric vehicles. Because their anode and electrolyte materials are compatible with existing Li-ion cell manufacturing processes, they can achieve scalability by using existing infrastructure. This eliminates the need for costly infrastructure investment. It’s all part of their open ecosystem. It means a more seamless end-user experience, faster prototyping, and no limits to growth.

E-Mobility Power provides a highly convenient charging service that fits user needs for each charging point of ''garage'', ''route'' and ''destination''. It includes a service that can be recharged at any time, from any location, and by anyone for a reasonable fee. Now that the transportation/traffic and energy sectors are undergoing significant change, e-mobility exists at the intersection of these two sectors. We will develop new services and social infrastructure in collaboration with various stakeholders to support the next-generation mobility society.

Cruise is building advanced self-driving vehicles to safely connect people with places, things, and experiences they care about. Cruise autonomous vehicles are actively navigating challenging and unpredictable driving environments, tackling the complex traffic scenarios human drivers face daily to bring self-driving technology to the world.

CATL develops R&D and manufacturing capabilities of full industry chains in vehicle and energy storage batteries filed.  This includes materials, battery cell, battery management systems, battery recycling and reuse. Providing power battery solutions for green vehicles. Providing high-efficiency storage solutions for clean energy applications. Contemporary Amperex Technology Co. Limited (CATL) is founded in 2011, headquartered at Ningde, Fujian.

Moixa develops integrated hardware and GridShare software for renewable energy storage, optimization, and aggregation.

MONET Technologies is a On-demand mobility service,Data analysis service and Autono-MaaS

ubitricity has developed a highly efficient solution to make charging and billing of green electricity affordable everywhere.The ubitricity Mobile Charging System offers the first possibility to roll out scalable charging infrastructure everywhere. To this end, ubitricity has developed an intelligent charging cable which entails all metering and billing technology: the SmartCable. The user carries the mobile electricity contract, tied to the SmartCable, along to the charging spot. The technologically lean charging spots produce next to no running costs. They can be installed practically everywhere: at a wall, integrated into a standing pole or even integrated into urban furniture such as street lights. The user portal offers (among other services) a transparent overview of all transaction data. The charging and transaction data is managed by ubitricity. The all-round service is completed by the monthly invoice.

Mcity, the autonomous vehicle research center on the University of Michigan campus.Mcity is the only advanced mobility R&D center that combines early-stage research, testing in a real-world environment, and on-road vehicle deployments to further prove new technologies.

Dynamic Map Platform is a company that provides research, development and commercialization of high precision 3 dimensional (3D) map data used in the realization of autonomous driving and safe-driving support systems, beginning with Japan’s motorways and expanding to overseas markets.

Grab operates a mobile technology platform that integrates city transportation for driver-partners and customers in South East Asia. It offers services like GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental.  Grab offers services in Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Anthony Tan and Tan Hooi Lng founded it in 2012 and is headquartered in Singapore. It has additional offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam.

Virent Energy Systems, Inc. operates as an energy technology company that enables the renewable replacement of fossil fuels. Its BioForming platform technology renewably produces transportation fuels, fuel gases, and various chemicals from fossil fuels. Virent Energy Systems, Inc. has a strategic industrial collaboration with Royal Dutch Shell plc. The company was founded in 2002 and is headquartered in Madison, Wisconsin.

Pixim is a hardware company that builds chips for video cameras.  Pixim's Digital Pixel System® technology revolutionizes the way video cameras capture and process images. Unlike traditional cameras, where each pixel cannot adjust to highlights and lowlights in the same scene, Pixim's patented Digital Pixel System® technology empowers hundreds of thousands of pixels to act like individual cameras constantly self-adjusting. This all-digital system enables Pixim-powered cameras to efficiently capture the whole picture, regardless of lighting condition or application – thus securing the highest resolution, natural color and clarity, while automatically eliminating image-compromising visual noise (e.g., glare, reflections). The result is more than superb image quality; it is accurate, actionable information that gives users the strength of certainty.

Catalytic Solutions manufactures and distributes emissions control systems and catalytic products for commercial and industrial applications. It manufactures nanostructured catalysts at its main facility in Oxnard, California. The company’s products are most commonly applied to automobile, diesel engine, and energy markets. Catalytic Solutions has manufacturing facilities in Oxnard, California; Reno, Nevada; Thornhill, Canada; and Malmo, Sweden. Catalytic Solutions, Inc. operates as a subsidiary of Clean Diesel Technologies Inc.

Honda Motor Co Ltd  is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles. It distributes motorcycles, scooters, all-terrain vehicles, side-by-sides, and more in the United States.   The company conducts sales, marketing, and operational activities for cars, trucks, sport utility vehicles, automobile parts and accessories, engines, generators, lawnmowers, tillers, trimmers, multi-purpose utility vehicles, outboard motors, pumps, scooters, and snowblowers through authorized Honda dealers.   Honda Automobiles is also specialized in the design and development of race engines, chassis and performance parts, and technical support services.   Honda Automobiles was founded in 1959 and is based in Torrance, California. It operates as a subsidiary of Honda Motor Co., Ltd.

<div> Honda Motor Co. (TYO: 7267) is the world&rsquo;s leading manufacturer of motorcycles (2023) and among the top global automakers. Honda generated JPY 16.9 trillion (USD 125 billion) in revenue in FY2023 (year ending March 31). Honda&rsquo;s Automobile Business segment includes passenger car models sold under the Honda banner and a premium selection under the Acura banner. This segment also offers compact mini-vehicles and light trucks. The Motorcycle Business segment includes a selection of models purpose-built for sport, city, and off-road use. The company has two additional reporting segments: Financial Services as well as Power Products and Other Businesses. The US is the largest market for Honda, accounting for ~47% of its FY2023 revenue. Other key markets include its home market, Japan, with a contribution of ~14%, and Asia (excluding Japan), with a ~24% contribution to FY2023 revenue. In China, the automaker operates through the Dongfeng Honda Automobile and GAC Honda Automobile joint venture entities. Honda targets a medium-term operating margin of 7% or higher by FY2026, with investments skewed in favor of electrification initiatives. The company targets 100% electrification for its automobiles by 2040 and net zero by 2050. </div>

Honda Motor Cuts Forecasts for Car Sales, Profit After Disappointing First-Half Results

American Honda Motor Company

Hydrogen Economy

Startups producing low-carbon hydrogen using fossil fuels (i.e. blue and turquoise hydrogen) and related technologies or materials.

Startups producing 100% clean hydrogen using water electrolysis (i.e. green hydrogen) or any other sustainable method as well as related technologies and materials.

Startups offering next-generation hydrogen distribution solutions such as solid and liquid-state hydrogen storage and alternative compression technologies for gaseous-state hydrogen storage. Also includes hydrogen fueling stations for mobility applications.

Startups developing hydrogen-powered vehicles and vehicle technologies including passenger, heavy-duty, and aerial vehicles.

Startups producing fuel cell systems for electricity generation using hydrogen and related technologies or materials.

Technologies bringing about a new reality

Extended Reality

Companies developing XR headsets and relevant sub-components (displays, sensors, and processors). Also includes complementary XR hardware (tracking devices, haptic vests, and gloves)

Companies offering engines that enable the development of AR/VR content, also includes companies offering capabilities to capture and create 3D images for immersive environments

Companies offering AR/VR solutions or toolkits for specific industry applications, including VR game developers

Companies offering location-based AR/VR experiences

Platforms that facilitate carpooling on-demand, allowing drivers and passengers to organize shared rides with one another. Also includes those that offer pre-arranged car pooling services but excludes van and bus sharing services.

Platforms that connect passengers with personal drivers on-demand, for dedicated rides.

Platforms that gives commuters access to transportation options such as bikes, scooters, segways, etc. that are designed for short distances, typically under 5 miles. The segment includes bike and scooter sharing services excluding hailing services.

Platforms that offer multi-passenger/pooled shuttle buses or vans on-demand or a fixed schedule, including van and bus sharing

Clean, congestion-free air travel gets liftoff

Passenger eVTOL Aircraft

Companies that build eVTOLs that use rechargeable electric batteries (mostly lithium-ion) for propulsion. Batteries tend to be heavier and have lower energy density resulting in short vehicle flight-time and range.

Companies that build eVTOLs that use electricity and fossil fuels for propulsion to achieve a longer range. This hybrid propulsion system includes an internal combustion engine.

Companies that build eVTOLs that use hydrogen fuel cells for propulsion. Hydrogen fuel cells have a higher energy density than lithium-ion batteries and allow the aircraft to travel longer distances.

Providers of ground infrastructure (such as vertipads and vertiports), and air and digital infrastructure (such as navigation, flight controls, and other avionics for eVTOLs)

Revolutionizing efficiency by redefining human interactions

Humanoid Robots

Companies that develop full humanoid robots for research and education purposes in various fields such as science, technology, and academia

Companies that develop full humanoid robots for personal support and caregiving to assist individuals in their homes with tasks like cleaning, cooking, and providing companionship; includes applications in the medical and healthcare industry, such as assisting with surgeries, rehabilitation, or acting as companions for patients

Companies that develop full humanoid robots for entertainment purposes and social interaction. They can be used in public spaces, events, or as personal companions

Companies that develop full humanoid robots for commercial services across various industries such as retail, hospitality, and customer service

Companies that develop full humanoid robots for industrial and manufacturing settings to perform tasks such as assembly, material handling, and quality control

Companies that develop software and hardware that enable humanoid robot technology (e.g., sensors, grippers, cognitive architecture, robotic applications/software, etc.)

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 Honda Research Institute, based in California, has attained an exemption from the Federal Aviation Administration (FAA) allowing them to perform demonstration flights of their prototype for an electric vertical take-off and landing (eVTOL) aircraft. This permit is set to last until October 2026.
 Labeled as R&amp;D subscale model test vehicle N241RX, the aircraft weighs over 25 kg. The comprehensive concept comprises a gas turbine hybrid power unit, stationary wings, eight lifting propellers, and a couple of propellers mounted at the back intended for forward propulsion.
 Honda asserts that their multi-rotor configuration guarantees safety and permits smaller rotor diameters, which results in a quieter operation compared to helicopters. The company intends to utilize its knowledge from the HA-420 HondaJet program FAA certification to hasten the eVTOL development procedure.
 
</div> Analyst QuickTake: 
 Honda first unveiled its eVTOL aircraft concept in <a href="https: 
//verticalmag.com/news/honda-confirms-plans-hybrid-evtol-aircraft/"> September 2021 </a> . The prototype featured a lift-plus-cruise design with eight lifting propellers on parallel booms and two ducted propellers in the rear. It had a range of ~400 km.

Honda Motor

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