Honda, General Motors scrap joint development of cheaper EVs; other joint projects to continue

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2024 Honda Prologue Honda and General Motors are scrapping plans for the joint development of affordable electric vehicles, Reuters reported. This comes one year after the two automakers finalised their cooperation on the plan that …

“After extensive studies and analysis, we have come to a mutual decision to discontinue the programme. Each company remains committed to affordability in the EV market,” the companies said in a joint statement.

“After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV,” Honda CEO Toshihiro Mibe was quoted by, the Prologue is an electric SUV that measures 4,877 mm long, 1,989 mm wide, 1,643 mm tall with a wheelbase of 3,094 mm, and offers a dual-motor all-wheel-drive electric powertrain with 288 hp and 451 Nm.

 

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