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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Mary Barra, GM chair and CEO. —Shinji Aoyama, Honda senior managing executive officer.

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GM faces EV production constraints and Cruise accident effects in 2024

Teslarati

Ahead of the General Motors (GM) earnings call this week, the automaker has new union contracts and is expected to report around $10 billion in earnings. GM will report Q4 and FY 2023 earnings on Tuesday, and the company said in November it expected to earn almost $10 billion throughout 2023—despite around $1.1

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Ford sold 20,223 electric cars in the first quarter of 2023, while GM sold 16,425.

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GM CEO teases reborn Chevy Bolt — an Ultium-based, affordable contender to Tesla’s next-gen car

Teslarati

Considering the outgoing vehicles’ prices, the potential reborn Chevy Bolt EV would likely be priced in the sub-$30,000 range. This would place the vehicle in the same segment as Tesla’s upcoming electric vehicle, which is expected to start production once Gigafactory Mexico is operational.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM “This is a key step to deliver on our commitment to achieve carbon neutrality in our global products and operations by 2040 and eliminate tailpipe emissions from light-duty vehicles in the U.S.

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GM reportedly cancels GMC Hummer EV EV2 base model

Teslarati

Back in October 2020, General Motors (GM) officially launched the GMC Hummer EV. The vehicle was a behemoth in both specs and size, but it was quite reasonable with a starting price of just $80,000 for its base EV2 trim. Citing industry sources, GM Authority recently reported that there will be no base EV2 trim for the Hummer EV.

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GM Dealers Want Hybrids Instead of More EVs

The Truth About Cars

A GM advisory committee with several dealers is leading the messaging, saying that they believe the automaker risks losing customers with an overly aggressive electrification strategy. The company understands its dealers’ concerns but has not detailed plans to offer such products. GM offers hybrids in China, so the technology exists.

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