Honda and GM recently announced plans to codevelop "a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology."

The two automakers have been working together on electric and autonomous vehicle technologies for some time, in 2018, Honda joined GM’s battery module development efforts, and in 2020, they announced plans to codevelop two E.V.s, including the Honda Prologue and an Acura electric S.U.V.

Now they say they will work together "to enable global production of millions of E.V.s starting in 2027, including compact crossover vehicles, leveraging the two companies’ technology, design and sourcing strategies." The pair will also work toward standardizing equipment and processes, and will discuss future battery technology collaboration opportunities.

"GM and Honda will share our best technology, design and manufacturing strategies to deliver affordable and desirable E.V.s on a global scale," said GM Chair and CEO Mary Barra. "By working together, we’ll put people all over the world into E.V.s faster than either company could achieve on its own."

"Honda and GM will build on our successful technology collaboration to help achieve a dramatic expansion in the sales of electric vehicles," said Honda CEO Toshihiro Mibe.

"Our collaboration with Honda and the continuing development of Ultium are the foundation of this project, utilizing our global scale to enable a lower cost foundation for this new series of E.V.s for millions of customers," said GM Executive VP Doug Parks. "Our plans include a new all-electric product for North America positioned at a price point lower than the upcoming Chevrolet Equinox E.V, building on the two million units of E.V capacity the company plans to install by the end of 2025."

Source: Re-posted and Summarized from Charles Morris at evannex.

My Take: I guess they have to do something as Tesla is rolling over them. Good luck with all that. Think you are going to need it.

Re Posted From: Are Automakers Teaming Up To Compete With Tesla

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Honda and GM recently announced plans to codevelop "a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology."

The two automakers have been working together on electric and autonomous vehicle technologies for some time, in 2018, Honda joined GM’s battery module development efforts, and in 2020, they announced plans to codevelop two E.V.s, including the Honda Prologue and an Acura electric S.U.V.

Now they say they will work together "to enable global production of millions of E.V.s starting in 2027, including compact crossover vehicles, leveraging the two companies’ technology, design and sourcing strategies." The pair will also work toward standardizing equipment and processes, and will discuss future battery technology collaboration opportunities.

"GM and Honda will share our best technology, design and manufacturing strategies to deliver affordable and desirable E.V.s on a global scale," said GM Chair and CEO Mary Barra. "By working together, we’ll put people all over the world into E.V.s faster than either company could achieve on its own."

"Honda and GM will build on our successful technology collaboration to help achieve a dramatic expansion in the sales of electric vehicles," said Honda CEO Toshihiro Mibe.

"Our collaboration with Honda and the continuing development of Ultium are the foundation of this project, utilizing our global scale to enable a lower cost foundation for this new series of E.V.s for millions of customers," said GM Executive VP Doug Parks. "Our plans include a new all-electric product for North America positioned at a price point lower than the upcoming Chevrolet Equinox E.V, building on the two million units of E.V capacity the company plans to install by the end of 2025."

Source: Re-posted and Summarized from Charles Morris at evannex.

My Take: I guess they have to do something as Tesla is rolling over them. Good luck with all that. Think you are going to need it.

Re Posted From: Are Automakers Teaming Up To Compete With Tesla

Auto Helpers