# Hitachi Automotive Systems and Honda to form electric motor joint venture

Hitachi Automotive Systems and Honda Motor Co. notified the European Commission of a proposed concentration to acquire joint control of a newly created joint venture that will produce and supply electric motors in Japan, China and the United States.

- Type: Acquisition
- Announced: 2017-06-02
- Status: announced
- Products: electric motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hitachi Automotive Systems](https://endata.com/companies/5033.md) (partner)
- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md) (partner)

## Sources

- [publications.europa.eu](http://publications.europa.eu/resource/cellar/3f67f94a-5000-11e7-a5ca-01aa75ed71a1.0006.03/DOC_1), 2017-06-13: "On 2 June 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Hitachi Automotive Systems Ltd and Honda Motor Co., Ltd acquire within the meaning of article 3(4) of the Merger Regulation joint control of the Join"
- [transportwatch.eu](http://www.transportwatch.eu/en/a-prior-notification-of-a-concentration-has-been-sent-to-the-european-commission-by-hitachi-and-honda/), 2017-06-19: "The undertakings intend to acquire, pursuant to article 3(4) of the Merger Regulation, the joint control over a joint venture by way of a purchase of shares in a newly created company constituting the joint venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.