GM and Honda Announce Expansion of Their Cooperation

GM and Honda Announce Expansion of Their Cooperation

September 3, 2020 0 By autotimesnews

The automaker intends to share automotive platforms, research and development, procurement and even infrastructure. From the beginning of 2021, automakers intend to begin discussions on cooperation in the field of engineering works.

The American concern General Motors and the Japanese company Honda signed a non-binding memorandum of understanding to create an automotive alliance in North America. In the future, they intend to share automotive platforms, including for electric vehicles and cars that will be equipped with internal combustion engines. From the beginning of 2021, automakers intend to begin discussions on cooperation in the field of engineering works.

As part of the collaboration, the two automakers also intend to work together on procurement, research and development and related services. Representatives from both sides noted that this collaboration will enable them to “accelerate innovation and more efficiently use the resources of advanced and next generation technologies.”

GM and Honda expect this collaboration to save them significant amounts of money as they can leverage each other’s expertise.

Likewise, they can share the R&D and development costs of future vehicles. The automakers are set to share things like electric architecture, advanced driver assistance systems, infotainment, connectivity and connectivity between the vehicle and infrastructure.

GM and Honda already have a long history of cooperation. In April, they announced that GM will provide its Ultium battery technology and modular EV platform for two future Honda EVs. The automakers did not provide a date for the arrival of these models.

Not so long ago, AutoTimesNews wrote that the Renault-Nissan-Mitsubishi alliance presented a new strategy. The strategic plan for overcoming the crisis was announced on Wednesday, May 27. After the entry into force, the partner companies will cooperate even more closely.