General Motors and Honda have struck a deal to partner on developing advanced new battery technology in a bid to accelerate each manufacturer’s plans for electric vehicles.
Under the agreement, the companies will collaborate on GM’s next generation, advanced chemistry battery system with the intention that Honda will source the resulting battery modules for GM, news website Business Green reported.
“This new, multiyear agreement with Honda further demonstrates General Motors’ capability to innovate toward a profitable electric portfolio,” said Mark Reuss, General Motors’ executive VP of global product development, purchasing and supply chain.
“GM’s decades of electrification experience and strategic EV investments, alongside Honda’s commitment to advancing mobility, will result in better solutions for our customers and progress on our zero emissions vision,” said Reuss in a statement.
GM and Honda, which already have a joint manufacturing agreement to produce an advanced hydrogen fuel cell system, said the combined scale and global manufacturing efficiencies of the two companies would “provide greater value to customers.”
“In addition to our ongoing joint development and production of fuel cells, this battery component collaboration will enable us to take a new step toward the realization of a sustainable society,” said Takashi Sekiguchi, chief officer for automobile operations and managing officer of Honda.
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