It’s been revealed that Honda and General Motors are no longer collaborating in the development of affordable electric vehicles. The $5 billion collaboration began in 2022, with the two companies planning to share production costs to get new EVs on the market at under $30,000 starting in 2027 in North America. At this price, the proposed EVs would be cheaper than the Tesla Model 3 and Chevy’s own Equinox SUV. These EVs were expected to utilize new architecture built on GM’s
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