General Motors and Honda are planning a new partnership designed to bring millions of affordable EVs to the masses.
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This week, General Motors and Honda announced a new partnership to jointly develop affordable electric vehicles — emphasis on affordable. There are plenty of Rivian and Hummer electric vehicles available, at prices north of $60,000, but precious few EVs that people on a budget can afford. Honda and GM intend to fix that. In fact, Chevrolet says its newThe partnership will focus on the General Motors Ultium EV platform and will leverage both automakers’ robust manufacturing capabilities.
“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 CEO, in a statement. “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.
No matter how it happens or who makes them, affordable EVs are in critically short supply at the moment and that has created a window of opportunity for GM and Honda. 2027 does seem like a long time to wait for the fruits of the new partnership to materialize, however. GM is waxing ecstatic about being 100% emissions-free by 2040, a goal that
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