• Nna/kyodo


The Indian unit of Japanese automaker Honda Motor Co. is considering investing over $1.2 billion as part of plans to launch new models, including electric vehicles, and fund its expansion in the South Asian country.

Honda Cars India Ltd., which has already announced its plans to launch six new models in India over the next three years, revealed this week that one of the models will be an “affordable” hybrid car catering to the mass market.

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