General Motors and Honda have announced an agreement to support the electric vehicles of both companies.
economies of scale
Automakers will collaborate on GM's new next-generation battery system. It is understood that Honda will supply battery modules from GM.
"This new multi-year agreement with Honda further demonstrates General Motors' ability to innovate profitably," said Mark Reius, General Motors executive vice president of global product development.
General Motors Vice Chairman Steve Girsky and Honda North America President Tatsuo Iwamura. Announcement of a long-term, definitive agreement to jointly develop fuel cell systems and hydrogen storage technologies, aiming for a 2020 release.
permanent impulse
A previous joint manufacturing venture between General Motors and Honda is already well under way.
“In addition to our joint development and production of fuel cells, this collaboration with battery components will allow us to take a new step towards building a sustainable society,” said Takashi Sekiguchi, Chief Automotive Operations Officer and General Manager of Honda.
As for future electrified vehicles, both companies say this latest announcement is for the North American market.
Source: General Motors and Honda Motor Company.