General Motors May Build Honda And Acura Electric Crossovers By 202312
General Motors has announced plans to launch 30 new EV models by 2025, investing billions into developing new all-electric vehicle technology. Additionally, it’s now looking like The General may also build two new all-electric crossovers for Honda at GM’s facilities in Mexico and Tennessee, the first of which will roll off the line as early as the 2023 calendar year.
In a recent report, Automotive News says that General Motors will launch production of an electrified Honda crossover in 2023 at GM’s Ramos Arizpe facility in Mexico. The Ramos Arizpe facility currently produces the Chevy Equinox and Chevy Blazer, but, as was reported last year, GM is looking to retool the facility for EV production within the next few years.
The Automotive News report also states that General Motors will begin production of a new electric crossover for Honda’s premium brand, Acura, by the 2024 calendar year at GM’s production facility in Spring Hill, Tennessee. The Spring Hill facility currently produces the GMC Acadia, the Cadillac XT5, and the Cadillac XT6, with plans to build the all-electric Cadillac Lyriq crossover next year. Production of the next-generation GMC Acadia will be moved to GM’s Lansing Delta Township facility in Michigan.
Details on the new GM-built electric Honda crossovers are still under wraps, but according to Automotive News, the models are expected to be roughly equivalent to the Cadillac Lyriq with regard to dimensions. Both the Honda model and the Acura model will utilize GM’s Ultium battery technology, and offer 450 miles of range between plugs.
So far, General Motors and Honda have declined to comment on the report. However, back in April of 2020, the two automakers announced a joint agreement to develop two new all-electric Honda models, while in September, GM and Honda revealed the signing of a non-binding memorandum of understanding to form a North American automotive alliance, including cooperation on purchasing, research and development, and connected services like OnStar. The two automakers also announced a sharing of common vehicle platforms, as well as both electrified and internal combustion propulsion systems.
Subscribe to GM Authority for more GM business news, GM-related Honda news and ongoing GM news coverage.
- Sweepstakes Of The Month: Win a 2023 Corvette Z06 Convertible. Details here.
I had heard two GM cross overs for Honda and two Honda cars for GM at some point.
Maybe that is the real reason why GM basically stopped investing in non-truck vehicles – they are just going to leave that up to Honda going forward?
Not a bad idea for GM with their current total absence in the B/C market and nothing in the pipeline. The 2022 Civic looks pretty sharp, and would look even sharper with a Bowtie on it 😉
Note the cars are EV based. Honda does the bodies and it uses GM tech.
I don’t see GM investing much in gas cars as the market continues to decline.
I was under the impression Honda would use GM BEV tech and GM would use Honda’s markedly better current B/C city cars, otherwise what’s the point? The article literally says they will share ICE engines, it would make total sense for GM to use the Civic and Accord to replace the Cruze, Malibu, and Impala in the short term. Meanwhile Honda would get cutting edge BEV tech… Sounds like a Win Win for both companies.
I heard GM is going take over Honda’s auto business. Eventually changing the Honda & Acura brand names to Oldsmobile & Pontiac.
Honda would be wise to keep GM away from building their cheap interiors in their cars.
Shockandawe: Have you been in anything from GM in recent years? Have you been in anything Honda in recent years? If you have, I don’t know how you could say that. I’m in a lot of recent model Honda’s when taking Uber, and the Toyota’s and Honda’s have some of the worst interiors I’ve seen. What’s more, Honda’s are very noisy.
This news would have increase Tesla’s stock price $120.00. GM’s top management team does not support the shareholder’s interest. GM does not even attempt to help the stock price for its shareholders like the Tesla management team. In the third-quarter management knew around mid-quarter that GM will have a super blowout great quarter. To support shareholders they could have done a much better job promoting shareholder’s value by coming out with Wall Street several times raising guidance a little at a time increasing stock price each time and still have enough room to beat all new estimates by a wide margin. Here in the fourth quarter, they could have repeated the same course of action because management knows that this will be another blowout quarter.
Again, love pointing this out, Tesla sells roughly 200k units a year with <2% US market share. GM, Ford, Toyota, and FCA make up well over 50% of the market share in the US, with GM leading the way at 17%. GM is selling more units in a month the Tesla moves in an entire year, literally. Tesla is currently a Ponzi scheme and good luck with that stock.
you miss the whole point of my post. I am a GM investor, just saying GM senior management could and should do a better job at supporting their stock price
Hopefully the Blazer will now be built in the US (Lansing Grand River?) with perhaps a move to RWD to compete with Wrangler and Bronco.