Overview
- Industry reports place Honda’s stake in OMC Power at roughly 5–10 percent, marking a minority investment.
- Honda and OMC will repurpose detachable EV batteries for stationary energy storage serving schools, clinics, telecom towers, small businesses, and solar rooftops.
- The battery reuse model is slated to begin by January 2026 under a new storage-focused business vertical at OMC.
- Two Honda officials are set to join OMC’s management next month to provide technical support for the rollout.
- OMC targets 1 GWp with about 600 MWp in healthcare rooftops, 200 MWp for telecom, 100 MWp in rural smart grids, and 100 MWp for MSME and C&I, as Honda joins Mitsui (26%) and Chubu Electric (30%) as investors.