Honda to close one of its assembly plants in China, halt production at another facility later this year

Earlier this month, it was reported that Honda was shuttering one of its production plants in Thailand, and now, it is set to do the same in China. The Japanese automaker said it was closing one of its assembly plants and would halt vehicle production at another facility in the country later this year, Reuters reports. As a result of this, the company's annual production capacity in China will shrink from 1.49 million units to 1.2 million units. Honda plans to bring annual production in China back up to 1.44 million vehicles by starting production at two EV plants it is presently building through its JVs with GAC and Dongfeng, with production expected to begin at both new plants later this year. The GAC Honda EV plant, located within the Guangzhou economic and technological development district, will have an annual production capacity of 120,000 units. The new Dongfeng Honda dedicated EV facility, which is located in the Wuhan economic development zone in Hubei Province, will also have a basic annual production capacity of 120,000 units. The news about the carmaker's Chinese plants comes after the Nikkei first reported yesterday of Honda's plan to slash its annual production capacity in China by around 30%. Looking to sell your car? Sell it with Carro.