HONDA and General Motors have announced a joint venture to co-develop advanced battery components for use in each brand’s next-generation electric vehicles.
To be used mainly in the North American market, the new technology – which includes cell and module components – will deliver higher energy density, smaller packaging and faster charging capabilities for both car-maker’s products.
The collaboration is designed to support each company’s respective vehicles, and according to Honda and GM, the combined scale and manufacturing efficiencies will result in greater value for customers.
According to the agreement, the collaboration will be based on GM’s next-generation battery system, with Honda to source the battery modules from GM to use in its own vehicles.
The two car-makers have a history of alternative powertrain development, having collaborated to produce a hydrogen fuel-cell system by 2020 that is more cost-effective to consumers.
Both brands have expressed a desire to increase the amount of EVs in their respective portfolios, with GM announcing in October last year that it plans to bring 20 new EVs to market by 2023, with two launching in North America in the next 18 months.
The first two EVs will be built on the same architecture as the Chevrolet Bolt hatchback, while other future models are rumoured to be a Buick crossover, a Cadillac wagon and a futuristic, pod-looking hatch. An electrified Chevrolet Corvette is also rumoured to be in the works, while electric SUVs are also sure to be on the cards.
Meanwhile, Honda has revealed a number of electrified models in recent times, such as the quirky Urban EV which has been confirmed for production, a related Sports EV concept, the Insight sedan, a hybrid CR-V sedan and the Clarity sedan.
GM executive vice-president of global product development, purchasing supply chain Mark Reuss said the partnership would benefit both companies.
“This new, multi-year agreement with Honda further demonstrates General Motors' capability to innovate toward a profitable electric portfolio,” he said.
“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.”