GM and Honda join hands to develop battery tech

- Long-term partnership to develop battery technology

- GM will invest in building batteries and sell it to Honda for the American market

Honda has been vocal about its fuel-cell technology and has already partnered with GM, the American giant. The two automotive conglomerates have extended their partnership to develop new battery technology that will make building EVs a viable and profitable option.

Honda and GM are working towards developing a battery technology that allows higher energy density, faster charging cycles and wrapping it all together in smaller packaging. While the fuel-cell technology will be built by Honda and given to GM, the battery packs for the EVs will be built by GM and sold to Honda for the North American market.

The volumes of GM and Honda in the American market will help bring down the overall costs which might also help both the manufacturers to offer this technology in developing markets, especially the aggressive ones like India. GM has withdrawn itself from the Indian car market owing to its lack of success, but it still maintains its export operations base in the country. Honda is also a sizeable player in the Indian car market and the global partnership might also have a positive impact on its Indian products like the Brio, Amaze and Jazz which can certainly be electrified.