The Yomiuri Shimbun reports that Honda Motor Co. and General Motors Co. have entered final negotiations to expand their collaboration beyond the current work on fuel cell vehicles to include plug-in hybrids (PHEVs).
The two companies are interested in using joint procurement of parts to help drive prices down, according to the report.
The two companies are reportedly considering the joint manufacture of PHVs and FCVs as well, in addition to their development.
onda was originally planning to release PHVs on its own in the United States in 2018. With the partnership, the company aims to add GM’s know-how regarding PHV development to its own eco-cars, because GM is said to be more advanced in the field. GM, on the other hand, apparently expects to gain a competitive advantage over Toyota and other automakers. Honda and GM also plan to form a partnership over the development of technology for automated driving.—Yomiuri Shimbun