GM and Honda are co-developing two new electric vehicles due to arrive in 2024 [TechCrunch Blog]
Honda Motor Company, Ltd. (HMC)
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Source: TechCrunch Blog
GM and Honda will jointly develop two new electric vehicles slated for 2024, the latest move by the two automakers to deepen their existing partnership.Under the plan, the automakers will focus on their respective areas of expertise. Honda will design the exterior and interiors of the new electric vehicles; GM will contribute its new electric vehicle architecture and Ultium batteries. This new architecture, which GM unveiled last month to showcase its own EV plans, is capable of 19 different battery and drive-unit configurations. The architecture includes large-format pouch battery cells manufactured as part of ajoint ventureThe vehicles, which will have a Honda nameplate, will incorporate GM’sOnStarThe vehicles will be produced at GM plants in North America. Sales are expected to begin in the 2024 model year in Honda’s U.S. and Canadian markets.The aim is to pull the strengths of both companies to unlock economies of scale around electric vehicles, according to Rick Schostek, executi
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