GM and Honda End Partnership on Affordable Electric Vehicles
A Shift in Strategy as GM Faces Hurdles in EV Market
In a surprising turn of events, General Motors and Honda have decided to part ways in their collaboration to develop affordable electric vehicles (EVs). This decision marks a significant shift from the initial plan announced just over a year ago, which aimed to create a range of compact electric crossovers powered by GM’s Ultium batteries.
While the two companies still have an agreement in place for the Ultium-based Honda Prologue and Acura ZDX SUVs, the broader partnership to create affordable EVs has been shelved. Honda revealed that after thorough research and analysis, both parties decided to end the development.