Honda Motor : Reaches 15 Million-unit Mark in Cumulative Power Products Production in China

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Honda Reaches 15 Million-unit Mark in Cumulative Power Products Production in China

July 14, 2021

Corporate

BEIJING, China, July 14, 2021 - Honda today announced that the company has reached the 15 million-unit mark in cumulative power products production in China.

Honda power products being produced in China

Ever since it started local production of power products in China in 2002, Honda has been offering a variety of power products which support the daily lives of a wide range of customers. Centering around core general-purpose engine technologies, Honda's power products lineup includes products that serve as the 'power' to help people in their daily lives, such as lawnmowers and tillers, as well as products that create energy, such as generators.

In 2011, in order to offer products which are rooted in the daily lives of Chinese customers and accurately reflect their needs, Honda established a local R&D Center at its local subsidiary, Jialing-Honda Motors Co., Ltd. [currently Honda Power Products (China) Co., Ltd.], through which Honda has been introducing various locally-developed power products for the agricultural equipment market in China, including trimmers and tillers.

A broad range of China-made Honda power products is currently being exported to more than 100 countries and helping customers in China and all around the world. Especially, in recent years, an increasing number of Honda power products developed locally in China, and perfected through research on various use environments in China, are being exported to the rest of Asia, also demonstrating their true value in the global market. As a result, power products business in China has been one of the pillars that supports Honda's global power products business.

Based on the spirit of 'utilizing technology to help people,' which Honda has been pursuing since its founding, and through Life Creation business in China, Honda will continue taking on challenges to offer new value which makes daily lives more enjoyable for customer all around the world.

◆Milestones toward reaching the 15 million-unit mark in cumulative power products production in China:

Jan. 1993 Jialing-Honda Motors Co., Ltd. was established.*
Aug. 2002 Production of power products in China began.
Mar. 2004 Cumulative power products production reached 100,000 units.
Mar. 2007 Cumulative production reached 1 million units.
Jul. 2011 R&D Center of Jialing-Honda Motors Co., Ltd. was established.
Jan. 2015 Production of first locally-developed products, UMQ435 (trimmer), began.
Nov. 2017 Cumulative production reached 10 million units.
Dec. 2019 Honda (HMCI) acquired equity shares from Chongqing Jialing Industrial Co., Ltd. and made Jialing-Honda Motors Co., Ltd. a wholly-owned subsidiary of Honda.
Jul. 2020 Jialing-Honda Motors Co., Ltd. changed the company name to Honda Power Products (China) Co., Ltd.
Jul. 2021 Cumulative production reached 15 million units.

* Jialing-Honda Motors Co., Ltd. was established as a joint venture company to focus on the production and sales of motorcycle engines and motorcycles.

◆About Honda Power Products (China) Co., Ltd.

Establishment:	January 1993
Location:	Chongqing, China
Representative:	Keisuke Tsuruzono, President
Capital:	USD 43.38 million
Business:	Production, sales and export of power products
Production Capacity:	General purpose engines: 1.62 million units Power products: 440,000 units Outboard engines: 60,000 units
Production Models:	General-purpose engines (GX, GP, etc.) Lawnmowers, trimmers, tillers, tea harvesters, pumps, outboard engines, generators, etc.

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