GM, HONDA TEAM UP ON SELF-DRIVING CARS
General Motors is partnering with Honda to speed the deployment of self-driving cars to major cities in
2019. Honda will contribute about
$2 billion over 12 years and finance a
$750 million equity investment in Cruise, GM’s self-driving car company. Honda will help to develop a “purpose-built” self-driving car for Cruise, GM said Wednesday in a statement. The automakers were already collaborating to develop electric car batteries and hydrogen fuel cells.