General Motors and Honda Motor Company have announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles.
Under the agreement, GM and Honda will collaborate on next-generation battery technology. The intent is for Honda to procure battery modules from GM. Both companies reiterate the shared battery technology will adapt to their respective, unique products, but the combined scale will help both companies.
“This new, multiyear agreement with Honda further demonstrates General Motors’ capability to innovate toward a profitable electric portfolio,” said Mark Reuss, General Motors Executive Vice President 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.”
This isn’t the first time GM and Honda have partnered up. The two automakers formed the industry’s first joint venture surrounding the development of hydrogen fuel cell technology, with the intention to produce a fuel cell system by 2020.