GUANGZHOU, China, October 20, 2015 - Guangqi Honda Automobile Co., Ltd. (GHAC), an automobile production and sales joint venture of Honda in China, today held a ceremony to commemorate the opening of its third automobile production plant and an engine plant within the property of the existing ZengCheng Plant. The ceremony was attended by dignitaries, guests and representatives from the local governments of Guangzhou as well as Honda executives including Takahiro Hachigo, president & CEO; and Seiji Kuraishi, chief operating officer for regional operations in China.
Built as an eco-plant that combines various smart features, the third plant adopts Honda's most advanced production technologies while minimizing the footprint of the building. This plant achieves significant advances in areas of production efficiency, product quality, energy conservation and environmental responsibility. Moreover, the third plant is an environmentally-responsible and energy-saving plant equipped with a solar power generation system with a 17 mega kilowatt-capacity, the largest* capacity solar power generation system installed by an automaker in China.
The third plant began automobile production in September of this year with initial annual production capacity of 120,000 units. Combining annual production capacity of all GHAC and Dongfeng Honda plants, Honda's overall annual automobile production capacity in China exceeds 1 million units.
* Honda internal research (as of October 2015)
Honda's Annual Automobile Production Capacity in China
|Company||Plant||As of October 2015|
|Guangqi Honda||HuangPu Plant||240,000 units|
|ZengCheng Plant||240,000 units|
|3rd Plant||120,000 units|
|Dongfeng Honda||1st Plant||240,000 units|
|2nd Plant||240,000 units|
|Honda Automobile (China) (export only)||50,000 units|
|Total||1.13 million units|
About Guangqi Honda Automobile Co., Ltd.
|Capital Investment:||US$283.29 million|
|Capitalization Ratio:||50% Guangzhou Automobile Group Co., Ltd.
40% Honda Motor Co., Ltd.
10% Honda Motor (China) Investment Co., Ltd.
|Location:||Guangzhou City, Guangdong Province, China|
|Representative:||Yasuhide Mizuno, President|
|Employment:||Approximately 10,100 associates (as of October 2015)|