The partnership will see the brands share GM’s global EV architecture for both vehicles, with production to take place at GM’s North American facilities.
Although sharing a platform, both brands will develop their own exterior and interior styling for the models. Neither carmaker has indicated what segment the electric vehicles will compete in.
“This collaboration will put together the strength of both companies, while combined scale and manufacturing efficiencies will ultimately provide greater value to customers,” Honda America executive vice president, Rick Schostek said in a media statement.
“This expanded partnership will unlock economies of scale to accelerate our electrification roadmap and advance our industry-leading efforts to reduce greenhouse gas emissions.”
Above: GM-owned Chevrolet Volt
Further to the joint venture, Honda has agreed to integrate GM’s OnStar safety and security suite with its own HondaLink in both models.
Honda also plans to offer GM’s hands-free driver-assist tech on the vehicles.
The two new models will not be the first co-developed by GM and Honda, with the duo unveiling their Cruise Origin self-driving electric vehicle earlier this year. Honda has also assisted GM with battery development since 2018.
At this stage the only countries confirmed to receive the models are the US and Canada. Other markets including Australia are yet to be confirmed.
The news follows Honda America's withdrawal of its only electric offering in the region earlier this year.