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Newsroom: Industry News

Newsroom: Industry News
3rd July 2018

Honda and GM partnering on next gen battery

Two fierce competitors in the automotive industry are teaming to create innovative electric vehicle (EV) batteries for their North American electric (EV) models. The companies hope that economies of scale will help lower costs. Under the agreement, development work will focus on GM’s next-generation battery system. Honda will then source battery modules from GM. This will allow both manufacturers to continue to roll out distinct EV models while reducing their costs.

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