Jan 2021

General Motors to Build Honda EV in Mexico, Acura EV in TN

It is being reported that General Motors plans to start building two battery-electric crossovers for Honda Motor Co.: a Honda-branded vehicle at a GM plant in Mexico and an Acura-branded vehicle alongside the upcoming Cadillac Lyriq in Tennessee, according to two people familiar with the plans. The Honda and Acura vehicles will be powered by GM’s proprietary Ultium batteries. Morgan Stanley predicts that Ultium batteries will be used in more than 5 million EVs annually by 2040, including more than 1 million non-GM vehicles.