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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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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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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. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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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. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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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 vehiclesprices, 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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Honda & GM Promise Affordable EVs, Tesla Bumps Model 3 Price In Germany

CleanTechnica EVs

GM and Honda plan to fill the void left by other manufacturers for affordable EVs.

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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. GM noted that the Hummer EV saw a total of 2,028 deliveries over Q4 2023.

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