As part of a extended partnership, General Motors and Honda have announced plans to co-develop a series of EVs for the global market based on a new shared platform that will utilize GM’s Ultium battery technology.

Both companies are working to jointly produce these EVs from 2027, leveraging their mutual technology, design and sourcing strategies to do so. The expanded partnership will also see the companies work to standardize equipment and processes to enhance the quality of their vehicles, accelerate time-to-market, and provide more affordable EVs to consumers worldwide.

While specific details on the EVs that will spawn from the partnership have yet to be revealed, a GM executive revealed that its plans include the development and release of a new BEV for North America to be offered at a price point below the forthcoming Chevrolet Equinox, which will cost $30,000 at launch.

In addition to developing EVs, the expanded partnership will seek to explore high-performance, sustainable, battery technologies. Here, GM is already working to accelerate the uptake of lithium-metal, silicon and solid-state batteries, as well as the methods that can used to enhance battery cell manufacturing processes. At the same time, Honda has committed to investigating all-solid-state battery technologies – establishing a demonstration line in Japan for them while investigating possible routes for mass production.

The announcement represents the latest phase of the partnership between the two OEMs, which began in 2020 when they announced plans to co-develop two EVs – the Honda Prologue and an electric SUV by Acura.