GM, Honda Partnership to Deliver EVs in 2027
- Hossain Akhtar
- U.S.A. New York City
General Motors and Honda Motor announced a partnership to manufacture electric vehicles using the battery technology developed by GM. The partnership plans to use solid state battery technology and deliver the vehicles in 2027 at a price lower than $30,000. Yesterday, Tesla announced a 69% surge in EV sales in the first quarter and doubled its 2021 sales to 936,000 units.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| General Motors Company | GM | -2% | 46% | -7% |
| Tesla Inc | TSLA | -12% | 74% | 48% |
| Honda Motor Company Ltd | HMC | -0% | -8% | 29% |