Honda will produce electric cars for every pocket. They want to outrun Tesla

“ We have a very significant goal of selling more electric vehicles in the US by the mid-decade to 2025 than anyone else, and to achieve this, you need an adequate portfolio of vehicles, ” said GM CEO Mary Barra. Earlier, production of two electric SUVs for Honda – the Honda Prologue and Acura – had already been announced by 2024.

Honda and General Motors will produce electric cars

The new deal between Honda and Honda covers “affordable” electric vehicles, including compact crossovers, built using GM’s Ultium battery technology. According to the companies cited by Reuters, crossovers are the best-selling automotive sector in the world, with over 13 million vehicles per year.

Enterprises, however, remember about cheaper models. It was announced that cars at affordable prices, less than the $ 30,000 that you would have to pay for electric, would also hit the market. According to Reuters, the companies were reluctant to say how much they will be investing in the new partnership.

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General Motors and Honda are introducing green solutions

“and GM will use successful technology collaboration to drive significant sales growth,” said Reuters president Toshihiro Mibe.

Electric cars are not the only ecological project that companies are involved in. There are also plans to cooperate in the development of battery technology for electric vehicles, which may lower its costs.

General Motors is aiming for carbon neutrality by 2040, and Honda by 2050. Additionally, GM has announced that it will eliminate emissions from light commercial vehicles in the US by 2035. The production of hydrogen systems is also under development

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