GM to sell new electric car batteries to Honda in North America

GM to sell new electric car batteries to Honda in North AmericaGM said the new batteries, which it has branded EME 1.0 and first described last fall, will be smaller than current EV batteries, can be charged more quickly and will provide more energy. Battery packs, typically the most expensive component of electric vehicles, can cost $10,000 to $12,000 - nearly a third the price of GM's Chevrolet Bolt EV. GM aims to cut that price nearly in half by 2021, sources told Reuters earlier this year.




from Yahoo Finance https://ift.tt/2M4xQ42

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