MoneyBusiness

Actions

GM, Honda plan to co-develop affordable electric vehicles

General Motors
Posted

(AP) — General Motors and Honda are planning to co-develop some affordable electric vehicles that will use GM's next-generation Ultium battery technology.

The vehicles, which will include a compact crossover, are expected to begin going on sale in North America in 2027.

Doug Parks, GM executive vice president of global product development, said in a statement on Tuesday that the plan is to have an electric vehicle that is priced lower than the upcoming Chevrolet Equinox EV.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

03/17/2025

Rain

-° / 45°

82%

Tuesday

03/18/2025

Clear

61° / 42°

5%

Wednesday

03/19/2025

Partly Cloudy

73° / 44°

5%

Thursday

03/20/2025

Partly Cloudy

66° / 46°

6%

Friday

03/21/2025

Mostly Clear

70° / 47°

7%

Saturday

03/22/2025

Partly Cloudy

70° / 49°

6%

Sunday

03/23/2025

Clear

75° / 52°

6%

Monday

03/24/2025

Mostly Clear

84° / 56°

4%