• NNA/Kyodo

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Honda Motor Co. has formed a research and development joint venture for connected vehicles together with a Chinese firm in a bid to accelerate future mobility services in the world’s largest automotive market.

Honda said Wednesday its wholly owned subsidiary, Honda Motor (China) Investment Co., and Neusoft Reach Automotive Technology (Shanghai) Co. had established Hynex Mobility Service Co. in Dalian. The new business will start operations on July 1.

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