General Motors and Honda to jointly develop new electric vehicles

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General Motors and Honda Motor said on Thursday they would jointly develop two new electric vehicles for Honda.

Honda will use GM’s hands-free driver assistance technology, marketed by GM as Super Cruise. Honda also will incorporate GM’s Onstar telematics services into the electric vehicles developed with GM.

The new vehicles will use GM batteries and be assembled in GM plants in North America, the companies said. Honda plans to begin selling the vehicles in the United States and Canada in 2024.

“We are in discussions with one another regarding the possibility of further extending our partnership,” Rick Schostek, executive vice president of American Honda said in a statement.

The relationship between GM and its Japanese rival reflects pressures to share technology and development costs to meet demands for cleaner vehicles.

GM and Honda already collaborate on autonomous vehicles and fuel cell vehicle technology. The companies worked together on the design of an autonomous vehicle called Cruise Origin for GM’s majority-owned Cruise Automation unit.

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