GM and Honda are both aiming to get more serious about electric vehicles and that means securing a supply of high-performance batteries.

In order to achieve that, the two major automakers are announcing today a new partnership to build next-gen batteries for electric vehicles.
They will develop “new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles,” based on GM’s existing next-gen battery development.

They aim for this next-generation battery to “deliver higher energy density, smaller packaging and faster-charging capabilities for both companies’ future products, mainly for the North American market.”

GM describes the partnership in a press release:

“Under the agreement, the companies will collaborate based on GM’s next generation battery system with the intent for Honda to source the battery modules from GM. The collaboration will support each company’s respective and distinct vehicles. The combined scale and global manufacturing efficiencies will ultimately provide greater value to customers.”

Mark Reuss, General Motors Executive Vice President of Global Product Development, Purchasing and Supply Chain, commented on the agreement:

“This new, multiyear agreement with Honda further demonstrates General Motors’ capability to innovate toward a profitable electric portfolio. GM’s decades of electrification experience and strategic EV investments, alongside Honda’s commitment to advancing mobility, will result in better solutions for our customers and progress on our zero emissions vision.”