Honda taps Tata Technologies to cut India costs

Honda taps Tata Technologies to cut India costs

Honda has partnered with Tata Technologies to develop cars for India, aiming to cut costs by up to 20% and halve development times from about five years. The move follows internal disagreement over supplier selection and comes as Honda, facing EV-related losses, seeks to rebuild its shrinking 1.3% market share in the world's third-largest car market.

Source: Telegraph India

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