General Motors and Honda Motor Co. said they will co-develop a range of electric vehicles based on a new global architecture, which will lead to production of millions of vehicles in 2027.
General Motors and Honda Motor Co. said on Tuesday that they will co-develop a range of electric vehicles based on a new global architecture, which will lead to production of millions of vehicles in 2027.
The announcement expands on GM’s plans for Honda to begin manufacturing two electric SUVs starting in 2024.
The automakers said the new deal is for “affordable” EVs, including compact crossover vehicles, built using GM’s Ultium battery technology.
The companies said they will also discuss future battery technology collaboration for electric vehicles to reduce costs.
“GM and Honda will share our best technology, design and manufacturing strategies to deliver affordable and desirable EVs globally, including our key markets in North America, South America and China,” GM Chief Executive Mary Barra said in a statement. Are included.”
The deal is part of GM’s push to achieve carbon neutrality in its global products and operations by 2040 and to eliminate tailpipe emissions from light-duty vehicles in the United States by 2035.
Honda has said that it is aiming to reach carbon neutrality on a global basis by 2050.
The Japanese carmaker owns a stake in GM’s Cruise self-driving car subsidiary and is co-developing the carmaker Cruise Origin Autonomous EV. There is also a joint venture of the companies to develop and produce hydrogen fuel-cell systems at a plant in Brownstown, Michigan.
(Reporting by Ben Kellman in Detroit Editing by Andrew Havens and David Goodman)
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