Detroit, Michigan – General Motors (GM) and Honda will jointly develop two electric vehicles (EVs) for Honda, based on GM’s flexible global EV platform powered by proprietary Ultium batteries. The exteriors and interiors of the new EVs will be designed by Honda, and the platform will be engineered to support Honda’s driving character.
Production of these Honda EVs will be manufactured at GM plants in North America. Sales are expected to begin in the 2024 model year in Honda’s U.S. and Canadian markets.
GM and Honda are already collaborating 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.
“This collaboration will put together the strength of both companies, while combined scale and manufacturing efficiencies will ultimately provide greater value to customers,” said Rick Schostek, executive vice president of American Honda Motor Co. “We are in discussions with one another regarding the possibility of further extending our partnership.”
Doug Parks, GM executive vice president of Global Product Development, Purchasing, and Supply Chain, added, “This agreement builds on our proven relationship with Honda, and further validates the technical advancements and capabilities of our Ultium batteries and our all-new EV platform.”
Automakers are trying to boost EV scale to lower component prices and make EVs profitable. Sharing resources will allow GM and Honda to make more vehicles using a shared bin of parts, ideally making each component less expensive.