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Thursday, 26 October 2023

GM and Honda punt on plan to build millions of affordable EVs together

by Rose White

General Motors and long-time partner Honda have ended plans to build millions of affordable and smaller electric vehicles as the automakers come to terms with high interest rates and battery costs coupled with softening EV demand. The end to the EV partnership comes 18 months after the two companies announced plans to co-develop affordable electric vehicles. […]

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