""...General Motors Co. and Honda Motor Co. plan to jointly develop a line of affordable electric vehicles, deepening strategic ties as they work to bring costly plug-in technology to the mass market.
GM and Honda said Tuesday they would work together on underlying technology that would be used to produce several electric models, including compact sport-utility vehicles, for North and South America and China. The first of the vehicles, which likely would be priced below $30,000 in the U.S., won’t be ready until 2027, the companies said.
The auto makers said splitting development expenses and working together to reduce battery costs—the costliest component of an EV—would allow them to drive down the price while producing electrics at scale globally. The new system eventually would be used in millions of cars sold by both companies, they said." source WSJ
..Ultium Cells, a joint venture of LG Energy Solution and General Motors, today announced a US$2.6bn investment to build its third battery cell manufacturing plant in the United States. The facility will be located in Lansing, Michigan. Ultium Cells will build the new plant on land leased from GM " source www
...Cobalt Blue3 April at 09:02 · COB continues discussions with Stellantis and LG Energy Solution"" source Facebook.
I was somewhat bored . Just trying to join the dots. What does it all mean?'' Bueller , Bueller , anyone , anyone"
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