GM Open to Work with Other Automakers on Electric Vehicles, CEO Says
【Summary】General Motors is open to working with other automakers on the development of electric vehicles, Chief Executive Mary Barra said on Thursday.
DETROIT (Reuters) - General Motors is open to working with other automakers on the development of electric vehicles, Chief Executive Mary Barra said on Thursday.
Asked whether the No. 1 U.S. automaker would team up to share the cost of EVs, Barra said on a conference call with analysts that GM already works with Japan's Honda Motor Co Ltd (7267.T) on battery cell technology and other EV parts but was open to more partnerships.
"We are open to working with other (automakers) on leveraging it even further, but we're already doing that with Honda, and it definitely provides savings from an engineering perspective, and has scaled benefits as well," Barra said.
Honda is working jointly with the Detroit automaker and its autonomous driving division Cruise to develop an innovative autonomous vehicle that "minimizes congestion on crowded city streets" Cruise CEO Kyle Vogt wrote in a blog post last year.
Vogt said that Honda brings its experience in "space efficient design". He declined to offer a timeline for the new vehicle's release and said his company is "moving as quickly as we possibly can."
GM noted that the new vehicle will be manufactured at high volume "for global deployment." without providing any further details.
GM's U.S. rival Ford Motor Co last month agreed to use an EV platform developed by Germany's Volkswagen AG as a way to mitigate those development costs.
Other carmakers are turning to China, the world's largest auto market, to develop new electric models. Volkswagen and Ford Motor Co. VW is working with Anhui Jianghuai Automobile Co. In 2017, Ford entered into a new joint venture with Anhui Zotye Automobile Co. to build electric models for China.
Last month, Toyota announced a partnership with BYD Co. to jointly develop electric vehicles. The two companies will work together on electric sedans and sports-utility vehicles with the goal of introducing them during 2020 to 2025. The partnership also includes the development of batteries for the vehicles the companies said.
resource from: Reuters
Lucid’s New ‘Stealth Look’ Appearance Package for the Electric Air Sedan Compliments its High Performance DNA
Toyota’s Redesigned Prius May Get More Drivers Behind the Wheel of a Hybrid Vehicle
Toyota to Collaborate With Texas-based Utility Provider Oncor to Accelerate a Vehicle-to-Grid EV Charging Ecosystem
Stellantis to Idle its Illinois Assembly Plant Indefinitely, Citing the High Costs of Electric Vehicles
Apple Delays its Long Rumored Electric ‘Apple Car’ Until 2026, According to Sources
The World’s First Level-4 Automated Parking Feature Developed by Mercedes-Benz and Bosch is Approved for Commercial Use
Hyundai Motor Group Signs MoU with SK On Co. to Secure Batteries for EVs Built in the U.S.
Tesla May Build its Next Factory in South Korea, According to the Country’s Presidential Office
- Elon Musk Wants to Cut Around 10% of Tesla’s Global Workforce, Blames Economic Uncertainty
- China Added 963,000 Electric Vehicle Charging Piles Since January in its Push to Lead the World in EV Sales
- Ford is Investing $3.7 Billion and Adding Over 6,200 UAW Manufacturing Jobs in the Midwest to Produce New Vehicles
- Volkswagen Group China Unveils its ‘Flying Tiger’ Electric Vertical Take-Off and Landing (eVTOL) Passenger Aircraft Prototype
- Lucid Launches New Performance Brand ‘Sapphire’ with a 1,200 Horsepower, Tri-Motor Version of the Lucid Air Sedan
- Mazda Outlines Plans to Invest $10.6 Billion in Electric and Hybrid Vehicle Development Through 2030
- Chipmaker AMD to Collaborate with ECARX on a Digital Cockpit, In-Vehicle Computing Platform for Next-Gen EVs
- Toyota to Collaborate With Texas-based Utility Provider Oncor to Accelerate a Vehicle-to-Grid EV Charging Ecosystem
- Audi Hits EV Startup NIO With a Trademark Lawsuit Over its Vehicle Naming
- Hyundai's 2022 IONIQ 5 Electric SUV Awarded an IIHS 'Top Safety Plus' Rating