General Motors and Honda Motor Co. plan to co-develop a line of affordable electric vehicles, with a focus on compact crossovers, starting in 2027.
The automakers say the collaboration will enable global production of “millions” of EVs, including compact crossovers. The vehicles will be based on a new global electric architecture powered by GM’s Ultium battery technology, GM and Honda said in a joint statement Tuesday.
GM and Honda will also aim to standardize equipment and processes for better quality, higher throughput and more affordable EVs for consumers. They also will discuss the potential to collaborate on EV battery technology to reduce the cost of electrification and improve performance.
Both automakers have already set ambitious EV targets. Honda aims to reach carbon neutrality on a global basis by 2050, and GM hopes to have an all-electric lineup by 2035.
Click here to read the full story from Hanna Lutz at AutomotiveNews.com.