DETROIT – Normal Motors and Honda Motor will develop a sequence of inexpensive electrical autos primarily based on a brand new international structure, the businesses introduced Tuesday morning.

The challenge will make the most of GM’s next-generation Ultium battery know-how. The primary autos, together with fashionable compact crossover autos, are anticipated to go on sale in 2027, in line with a joint press launch.

“GM and Honda will share our greatest know-how, design and manufacturing methods to ship inexpensive and fascinating EVs on a worldwide scale, together with our key markets in North America, South America and China,” GM CEO and Chair Mary Barra stated in a press release.

The automakers additionally stated they are going to focus on future “EV battery know-how collaboration alternatives, to additional drive down the price of electrification, enhance efficiency and drive sustainability for future autos.”

Each automakers are engaged on next-generation battery improvement, together with solid-state batteries. Strong-state batteries may be lighter, with larger power density, and supply extra vary at a decrease value than at this time’s EVs with lithium-ion batteries.

The brand new partnership deepens the ties between the 2 corporations concerning all-electric and autonomous autos. Honda beforehand invested $750 million in Cruise, GM’s majority-owned autonomous car unit, and GM produced two EVs for Honda for the 2024 model-year. The businesses have additionally collaborated on battery modules and gasoline cell autos.

Honda has stated it is creating its personal EV know-how and plans to start out constructing its personal electrical autos after the 2 GM-made EVs go on sale in 2024.