General Motors and Honda are expanding their electrical auto partnership.
The automakers introduced plans Tuesday to co-create a new line of inexpensive EVs that will start in 2027.
Honda is currently performing with GM on battery development and the electric Prologue compact SUV that is scheduled to go on sale in 2024.
Honda also owns a stake in GM’s Cruise autonomous automobile division, which will source self-driving taxis to Honda for use in Japan.
Aspects on the new types had been not exposed, but the businesses stated some will be created in North The us and some will be priced down below the future Chevrolet Equinox EV, which will start beneath $30,000 when it goes on sale subsequent year.
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“Our collaboration with Honda and the continuing enhancement of Ultium are the foundation of this challenge, making use of our worldwide scale to enable a decrease charge basis for this new collection of EVs for tens of millions of prospects,” GM’s item advancement vice president Doug Parks reported in a information release on the venture.
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