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GM and Honda jointly to develop two next-generation Honda EVs on GM platform and Ultium batteries

Green Car Congress

General Motors and Honda have agreed to develop jointly two all-new electric vehicles for Honda, based on GM’s highly flexible global EV platform powered by proprietary Ultium batteries. GM unveiled the platform and batteries in early March. General Motors’ all-new modular platform and battery system, Ultium.

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GM makes its largest green energy purchase to date; 50 MW wind deal

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General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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

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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. In 2018, Honda joined GM’s EV battery module development efforts.

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General Motors to collaborate with EVgo, ChargePoint and Greenlots on EV charging network

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General Motors will collaborate with EVgo, ChargePoint and Greenlots—three of the US’ leading electric vehicle (EV) charging networks—to enable access to the largest collective electric vehicle charging network in the United States, including more than 31,000 charging ports. Vehicle users should see user terms for limitations.

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PSA and GM revise strategic alliance; GM sells 7% stake, B-segment program dropped

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PSA Peugeot Citroën and General Motors have revised elements of their strategic Alliance. Further, GM is selling its entire 7% stake in PSA through a private placement to institutional investors. GM acquired the stake in PSA when it entered into the strategic alliance in March 2012. —GM Vice Chairman Steve Girsky.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

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Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. ITC Holdings Corp., ITC Holdings Corp.,

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

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In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. That investment will help GM step up its pace by funding facility and capacity expansion and new product programs.

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