GM and Honda to Build Millions of Small Electric Vehicles under US $ 30 K

The two companies announced on Tuesday that they will team up on electric car development with the goal of selling millions of low-cost electric vehicles. All of the vehicles will rely on a shared battery architecture, but they will be continue to be branded distinctly as either GM or Honda cars. The automakers will also explore ways to develop new, cheaper batteries that improve vehicle performance and sustainability. GM and Honda are already examining new options like silicon, lithium-metal and solid-state batteries.