News

GM, Honda Sign Deal to Develop Batteries for EVs

Order Reprints

June 8, 2018—General Motors and Honda have signed a deal to collaborate on battery development for electric vehicles, USA Today reports.

The move deepens the advanced technology alliance between Detroit-based GM and Japan-based Honda, which are already working together on hydrogen fuel cells.

The latest accord involves the development of battery components, including cells and modules, "to accelerate both companies' plans for all-electric vehicles," GM and Honda said Thursday in a statement.

The goal is better battery performance, including longer range, lighter parts and speedy charging. The work is "based on GM's next-generation battery system," the companies said.

Both companies already offer electric cars, such as GM's Chevrolet Bolt and Honda's Clarity, but are expected to greatly expand their range of offerings.

As part of the deal, Honda will buy battery modules from GM, which has established battery manufacturing at operations in Michigan. Financial details of the deal were not disclosed.

"This new, multi-year agreement with Honda further demonstrates General Motors' capability to innovate toward a profitable electric portfolio," GM global product development and supply chain chief Mark Reuss said in a statement.

Recommended Products

2013 FenderBender KPI Survey: Complete Report

2015 FenderBender How I Work Survey: Complete Report

2013 How I Work Survey: Complete Report

Related Articles

Honda Cut Japanese Production by 24 Percent in Shift to EVs

BP Invests in EV Battery Charging Company

GM CEO: Cutting U.S. EV Tax Credit Will Impact Vehicle Sales

You must login or register in order to post a comment.