Honda and GM are moving ever closer together. The two automotive goliaths signed a memorandum of understanding today toward establishing an alliance in North America. Earlier this year, it was announced that Honda would be borrowing GM's EV technology to build two electric cars sold under the Honda name in the U.S. Today's move looks like it has the potential to cement the two companies even closer.
As of now, the proposed alliance would have the two collaborating on electric powertrain tech, internal combustion engines, vehicle platforms, connected services (infotainment technology), purchasing and general R&D. Honda and GM would collaborate in certain vehicle segments, already expressing intentions to share common vehicle platforms.