Market Updates
GM, Honda Partnership to Deliver EVs in 2027
Hossain Akhtar
05 Apr, 2022
New York City
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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.
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