GM and Honda will expand their existing tech-sharing partnership to develop a new line of affordable electric vehicles that will be based on a new modular global architecture, the two companies announced Tuesday.
In a press release, GM and Honda said they will co-develop the new series of affordable electric vehicles, which will be based on a new global architecture and will utilize the next generation of GM’s Ultium battery technology. Further details on the new affordable electric vehicle line were not divulged, however the press release indicated the series would include compact crossover models.
GM and Honda also said Tuesday they “will discuss future EV battery technology collaboration opportunities, to further drive down the cost of electrification, improve performance and drive sustainability for future vehicles.” This includes continuing to research new lithium-metal, silicon and solid-state vehicle batteries, along with production methods that can improve and update battery cell manufacturing processes.
GM chair and CEO Mary Barra said for the affordable EV line would be sold globally and will help speed up the global transition to EVs.
“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,” Barra said. “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.”
The two companies’ working relationship dates back to 2013, when GM and Honda collaborated on the development of a new next-generation fuel cell system and other hydrogen storage technologies. They expanded the tech-sharing partnership in 2018 to include EV battery module development before announcing plans in 2020 to codevelop two EVs, including the Honda Prologue crossover. GM is also expected to build a new battery-electric Acura crossover on behalf of Honda at its Spring Hill Assembly plant in Tennessee.
Additionally, Honda is a backer of GM’s Cruise autonomous vehicle project and collaborated with GM on the design of the Origin robotaxi. Honda hopes to eventually launch its own ride-hailing service in Japan using the Origin.
“The progress we have made with GM since we announced the EV battery development collaboration in 2018, followed by co-development of electric vehicles including the Honda Prologue, has demonstrated the win-win relationship that can create new value for our customers,” Shinji Aoyama, Honda senior managing executive officer, said this week. “This new series of affordable EVs will build on this relationship by leveraging our strength in the development and production of high quality, compact class vehicles.”
This new affordable lineup of EVs from GM and Honda will go on sale in the U.S. in 2027.