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GM and Honda to Co-Develop Affordable Electric Vehicles

GM and Honda to Co-Develop Affordable Electric Vehicles

The two auto makers deepen strategic ties as they work to bring costly plug-in technology to the mass market

GM’s Chinese Wuling brand has had success selling an inexpensive EV, the Hongguang Mini, priced around $5,000. (Photo: Bloomberg)

General Motors Co. and Honda Motor Co. plan to jointly develop a line of affordable electric vehicles, deepening strategic ties as they work to bring costly plug-in technology to the mass market.

GM and Honda said Tuesday they would work together on underlying technology that would be used to produce several electric models, including compact sport-utility vehicles, for North and South…

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