GAC Honda Motor Co., Ltd. (formerly known as Guangzhou Honda Motor Co., Ltd.) was established on July 1, 1998. It is a joint venture jointly funded by Guangzhou Automobile Group Corporation and Japan Honda Technology Research Industry Co., Ltd., with a joint venture duration of 30 years.GAC Honda has two factories, namely Huangpu Factory and Zengcheng Factory, with a total area of 1.93 million square meters and a total production capacity of 480000 vehicles per year.GAC Honda's mass production models include Honda's Crosstour, Accord, ODYSSEY, CRIDER, CITY, FIT six series models and the concept S1 model of the EVERUS brand. At the same time, it sells hybrid vehicles Honda CR-Z and FIT HYBRID through import.On July 19, 2007, GAC Honda set up GAC Honda Automobile Research and Development Co., Ltd., which is the first automobile research and development institution in China that is independently invested by a joint venture, operates in an independent legal person mode, and has the ability to independently develop complete vehicles.The establishment of GAC Honda Automobile Research and Development Co., Ltd. marks the official breakthrough of the independent brand of the joint venture, which is of great significance for improving the independent R&D capability of China's automobile industry.