Honda, GM to co-develop affordable EVs – new electric car series to go on sale in 2027, North America first

, General Motors and Honda have now finalised their cooperation, announcing plans co-develop a series of affordable electric vehicles based on a new global architecture using next-generation

As for the type of cars they will make, GM and Honda are “targeting the world’s most popular vehicle segments,” with only one bodystyle explicitly mentioned. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.GM and Honda also will discuss future EV battery technology collaboration opportunities, to further drive down the cost of electrification, improve performance and drive sustainability for future vehicles.

“Honda is committed to reaching our goal of carbon neutrality on a global basis by 2050, which requires driving down the cost of electric vehicles to make EV ownership possible for the greatest number of customers. Honda and GM will build on our successful technology collaboration to help achieve a dramatic expansion in the sales of electric vehicles,” said Toshihiro Mibe, Honda president and CEO.

GM’s plans include a new all-electric product for North America positioned at a price point lower than the upcoming Chevrolet Equinox EV, building on the two million units of EV capacity the company plans to install by the end of 2025.

Source: Car News Wire (carnewswire.net)

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