Concern GM and Honda will create electric vehicles together

Concern GM and Honda will create electric vehicles together

June 8, 2018 0 By autotimesnews

2019 Honda Insight

It became known that the American concern GM (General Motors) and the Japanese brand Honda are planning to conclude an agreement, the purpose of which will be the creation of a fully electric car. It is expected that the first such vehicles will be presented at the end of this decade.

It can not be said that such news can cause now someone like a shock. The fact is that at present, such cooperation agreements, which mean the mutual exchange of technologies for the creation of the final product – in this case electric vehicles, are becoming common practice. As representatives of the American General Motors and Japanese Honda say, their cooperation is designed for a fairly long period of time.

To my great regret, until now all the details of this deal are unknown – apparently they are still not public.

Nevertheless, our friends insiders (people closest to “closed” information) already know that, among other things, experts from Honda and GM will work on the creation of batteries for electric vehicles – it is reported that considerable attention will be paid to a significant reduction in the prices of these same batteries. After all, in modern electric transport, it is thanks to the rather high price of batteries that the final price of cars grows to unthinkable heights.

There is as yet no data and when the first results of the joint works of the engineers of Honda and General Motors will be presented, however according to some unofficial data, the first electric cars that will be released under the brands Honda, Chevrolet, Cadillac, Baojun, Buick, GMC , Holden, Jiefang, Wuling (and maybe a separate subbrand will be created within the framework of cooperation), can be officially presented already by the end of this decade.