Two of the most prominent names in the automotive industry are teaming up to create affordable electric vehicles.
Honda and General Motors just announced that they will co-develop electric vehicles. The upcoming cars will use General Motors’ Ultium EV platform with both of the company’s strong manufacturing prowess.
Rick Schostek, EVP of Honda US, said that they plan to take advantage of their strengths to “achieve a dramatic expansion in the sales of affordable, compact electric vehicles.”
This isn’t the first time that the Japanese and American companies have teamed up. In fact, as per Schostek, their latest collaboration came from a strong foundation built by the relationship between the two companies after previous joint development projects that centered on electric and autonomous vehicles.
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Both companies are yet to detail the exact terms of their collaboration. However, Schostek did say that, as of the time being, they won’t specify which Honda vehicle will use the General Motors Ultium EV platform or Honda’s e:Architecture platform.
In a statement, GM chair and CEO Mary Barra said: “GM and Honda will share our best technology, design, and manufacturing strategies to deliver affordable and desirable EVs on a global scale, including our key markets in North America, South America, and China,”
She added that the partnership is a key step to achieving General Motor’s commitment to becoming carbon neutral in all of their products and operations globally by 2030. They also plan to eliminate tailpipe emissions from light-duty vehicles in America by 2035.
The first electric vehicles to come from this collaboration is expected to go on sale in North America by 2027.