GM and Honda announced they will be working together to “enable global production of millions of EVs” using next-generation Ultium battery technology. The new EVs are expected to go on sale in 2027 in North America.
According to a press release from GM, the new EVs will include compact crossover vehicles as there are the largest segment in the world with annual volumes of more than 13 million vehicles.
The companies plan to work toward standardizing equipment and processes to achieve such high production and greater affordability. To further lower the cost of the EVs, the companies also plan to discuss future EV battery technology collaboration opportunities.
“GM and Honda will share our best technology, design and manufacturing strategies to deliver affordable and desirable EVs on a global scale, including our key markets in North America, South America and China,” said Mary Barra, GM chair and CEO, in the press release. “This is a key step to deliver on our commitment to achieve carbon neutrality in our global products and operations by 2040 and eliminate tailpipe emissions from light duty vehicles in the U.S. by 2035. By working together, we’ll put people all over the world into EVs faster than either company could achieve on its own.”
This is not the first time GM and Honda have worked together on EV technology over the years.
2018 - Honda joined GM’s EV battery module development efforts.
2020 - The two companies announced plans to codevelop two EVs, including the Honda Prologue (to be launched in early 2024), soon followed by Acura’s first EV SUV.
Additionally, the two companies are also currently working together on the development of the Cruise Origin, a fully autonomous vehicle designed for driverless ride-hail and delivery.