By Gaurav Singh
General Motors Co. in Detroit and California-based Honda on Thursday agreed to jointly develop two all-new electric vehicles for Honda, based on GM’s global EV platform powered by proprietary Ultium batteries. Production of these Honda electric vehicles will combine the development expertise of both companies, and they will be manufactured at North American plants, with sales expected to begin in the 2024 model year.
GM and Honda have a pre-existing relationship when it comes to EVs.
It is an amazing news, given at the time of horrible conditions for the auto industry as a result of the COVID-19 pandemic. Honda and GM, along with practically the entire auto industry, have temporarily shuttered their factories in the US and abroad in accordance with public health guidelines. In view of the current situation of a mandated lockdown owing to COVID-19, Sales are down sharply and experts say the real pain is still to come, with automakers surround themselves for an extended economic downtrend.
GM and Honda have an ongoing relationship around electrification. This includes work on fuel cells and the Cruise Origin, an electric, self-driving and shared vehicle, which was revealed in San Francisco earlier this year. Honda also joined GM’s battery module development efforts in 2018.
But GM and Honda aren’t the only automakers getting cozy with each other. Ford and VW recently announced a major tie-up to building EVs and AVs. In fact, car companies big and small are racing to build on Tesla’s success by mass-producing battery-powered SUVs, pickup trucks, and sedans. In tandem, many of the same companies are also testing self-driving cars, either as taxis to ferry passengers around cities or as delivery robots carrying groceries and other goods.
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