Honda Decides To Build Its Own Electric Vehicles And Not Outsource Them To GM | WABNEWS

DETROIT, MICHIGAN – Although General Motors will build Honda’s first two fully electric vehicles for North America, the Japanese automaker plans to change course and build its own cars later this decade. Company officials say they are developing their own electric vehicle architecture, and after two electric vehicles made by GM go on sale in 2024, Honda will begin building its own. “It is absolutely our intention to produce in our factories,” said Honda of America Executive Vice President Dave Gardner, adding that Honda has developed battery manufacturing expertise from building gas-electric hybrids. “We absolutely intend to use that resource.” Half of new cars in Norway are already electric In Norway electric cars do not pay taxes and receive subsidies from the government. In 2020, half of the new cars sold were electric. The best seller, the Audi e-tron. Honda and GM have been partners in the hydrogen fuel cell and electric vehicles. Earlier this year, they announced that GM would build a Honda SUV and an Acura SUV using their Ultium-brand electric vehicle architecture and battery system. The company said Honda’s SUV would be called Prologue and that both SUVs will have Honda-designed bodies, interiors and driving characteristics. But after those two, Honda plans to build its own for most of a number of electric vehicles, although it has not determined whether it will use GM components. Gardner says sales projections for the Foreword are between 40,000 and 150,000 per year, but did not say when those numbers would be reached. GM to invest $ 2.2 billion in an electric car plant GM to invest $ 2.2 billion in an electric car plant In April, the company said it plans to phase out all of its gasoline-powered vehicles in North America by 2040, making it the last major automaker. with the goal of becoming carbon neutral. Honda wants 40% of vehicle sales in North America to be powered by batteries or fuel cells by 2030, and 80% of all vehicles sold to be powered by batteries or hydrogen by 2035. Honda had initially planned to comply with stricter government fuel economy and pollution standards, adding hybrids to improve internal combustion engines. But regulatory actions around the world to combat climate change, including proposals from US President Joe Biden, have moved the company more toward electric vehicles, Gardner said. Battery electric vehicles accounted for less than 2% of new vehicle sales in the United States last year, but analysts predict big growth as automakers launch new models. Consulting firm LMC Automotive expects nearly 359,000 to be sold this year, topping 1 million in 2023 and topping 4 million in 2030. Still, that’s about a quarter of annual new vehicle sales. Connect with the WABNEWS! Subscribe to our YouTube channel and activate notifications; or, follow us on social networks: Facebook, Twitter

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