Following almost a decade of collaboration, Honda and General Motors (GM) will expand their long-standing collaboration to co-develop affordable electric cars, with plans to introduce a new global vehicle architecture.
Starting from 2027, the Japanese and American manufacturers will aim for a global production output of “millions” of EVs, focusing on the compact crossover segment.
One model touted by GM is a crossover for the North American market, which will be positioned at a price point lower than the Chevrolet Equinox EV, itself targeting a cost of around $30,000 (£22,995).
The move comes shortly after Honda announced an EV development partnership with technology giant Sony to "create a new era of mobility and mobility services".