The Zhitong Finance App learned that according to people familiar with the matter, Honda Motor (HMC.US) has outsourced a new car line development project to Tata Technologies Ltd. (Tata Technologies Ltd.) This is the first time that a Japanese car company has commissioned an Indian engineering service company to build an end-to-end platform with the aim of drastically reducing costs. An anonymous source said that the platform is expected to support multiple models and is compatible with traditional fuel powertrains and electrification solutions such as hybrid and pure electric power. They did not specify which markets these vehicles, designed by Tata Engineering, will be sold.

The Zhitong Finance App learned that according to people familiar with the matter, Honda Motor (HMC.US) has outsourced a new car line development project to Tata Technologies Ltd. (Tata Technologies Ltd.) This is the first time that a Japanese car company has commissioned an Indian engineering service company to build an end-to-end platform with the aim of drastically reducing costs. An anonymous source said that the platform is expected to support multiple models and is compatible with traditional fuel powertrains and electrification solutions such as hybrid and pure electric power. They did not specify which markets these vehicles, designed by Tata Engineering, will be sold.