Sam Abuelsamid writes in Forbes that General Motors and Honda are partnering to create an electric vehicle that is less than $30,000.
- Honda and GM say that they will release this car in the 2027.
- The two companies are already working together to create EVs such as the Honda Prologue and an Acura crossover.
- High purchasing costs is one of the largest impediments to consumers who are considering the switch to an EV.
- This partnership will prove beneficial to the deployment of electric vehicles globally and in the United States.
Read the full article here.