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Honda says making cheap electric vehicles is too hard, ends deal with GM
(arstechnica.com)
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this post was submitted on 26 Oct 2023
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This is the best summary I could come up with:
"After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV," said Honda CEO Toshihiro Mibe in an interview with Bloomberg.
In July, GM had to idle BrightDrop's production line in Canada due to a shortage of battery cells, and Kelly Blue Book's sales data for the first three quarters of 2023 show that just 6,920 Ultium-based EVs (which include the Chevrolet Blazer and Silverado EV, as well as the Hummer, Lyriq, and BrightDrop van) were delivered to customers.
GM had said it was ending Bolt production this year at its plant in Orion Township, Michigan, so that it could retool and start building electric trucks beginning in 2024.
The Honda Prologue and Acura ZDX are a pair of electric crossovers that use the same platform as the Cadillac Lyriq and Chevrolet Blazer, and both are still happening.
They'll even feature Apple CarPlay and Android Auto, which GM has controversially chosen to eliminate from its cars from model year 2024 onward.
And Honda even announced another collaboration with GM earlier today—in 2026, it wants to start operating a robotaxi service in Japan using the Cruise Origin, an autonomous electric vehicle developed by the GM-backed AV company.
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