GM and Honda will partner on ‘affordable’ electric cars

General Motors unveiled its brand new modular platform and battery system, Ultium, on March 4, 2020 at Warren’s Tech Center campus in Michigan.

Photo by Steve Fecht for General Motors

Detroit – General Motors and Honda Motors will develop a series of affordable electric vehicles based on a new global architecture, the companies announced Tuesday morning.

The project will use GM’s next-generation Ultium battery technology. The first vehicle is expected to go on sale in 2027, according to a joint press release.

“GM and Honda will share our best technology, design and production strategies to deliver affordable and customized EVs worldwide, including our core markets in North America, South America and China,” said GM CEO and Chair Mary Barra in a statement.

The new partnership deepens the relationship between the two companies related to all-electric and autonomous vehicles. Honda had previously invested $ 750 million in GM’s majority-owned autonomous vehicle unit Cruise and GM produced two EVs for Honda for the 2024 model-year. The companies have also collaborated on battery modules and fuel cell vehicles.

Honda says it is building its own EV technology and plans to start building its own electric vehicle in 2024 after selling two GM-made EVs.

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