The news: Honda has announced plans for its upcoming Prologue electric SUV, which it co-developed with GM as the first vehicle in its transition to EVs, per Electrek.
More on this: Honda, which has lagged in the industry-wide adoption of EVs, is using GM’s Ultium electric platform as a springboard for its electrification plans and expects to deliver the Prologue along with an all-electric Acura SUV in 2024.
The key takeaway: North American EV adoption targets are accelerating carmakers' transition to electric vehicles. More importantly, American EV technology is serving as the template for future EV development.
What this means for Honda: The carmaker can use GM’s platform as a springboard to get EVs on the road while it develops its own more-affordable compact and SUV models.
What this means for GM: Using its leadership position in EVs, GM can continue developing its electric cars and trucks while providing a unified platform for other car manufacturers to base their EVs on. Its open and collaborative stance, which runs counter to rival Tesla’s closed ecosystem, gives GM the potential to shape EV standards in North America.
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