Honda’s Upcoming EVs Could Cost Thousands Less Than Rivals Thanks To GM Connection | Carscoops carscoops
, while the ZDX is paired with the new Cadillac Lyriq, and both Hondas will be built in GM plants in North America.Acura ZDX shares its platform and battery tech with Cadillac Lyriq
Using GM’s factories and Ultium battery technology will save Honda millions of dollars that it would otherwise need to spend developing its own hardware and potentially building somewhere to make the SUVs. But ashighlights, what Honda couldn’t have imagined is how the tax credits program would be reconfigured in its favor.
Previously, the only limit on tax credits was a 200,000-unit production cap which Tesla had hit long ago. Honda, being relatively slow off the grid with its EV offerings, would have qualified under the old scheme, and still does under the new one thanks to the GM connection, so you might be wondering where the advantage is.