{"id":612559,"date":"2023-10-26T11:55:59","date_gmt":"2023-10-26T06:25:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=612559"},"modified":"2023-10-26T12:02:52","modified_gmt":"2023-10-26T06:32:52","slug":"honda-shelves-plan-to-co-develop-smaller-evs-with-gm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/honda-shelves-plan-to-co-develop-smaller-evs-with-gm\/","title":{"rendered":"Honda shelves plan to co-develop smaller EVs with GM"},"content":{"rendered":"<p>Honda Motor and General Motors (GM) are scrapping a plan to jointly develop affordable electric vehicles (EVs), the Japanese company said on Wednesday, just a year after they agreed to work together in a bid to beat Tesla in sales.<\/p>\n<p>The decision underscores GM&#8217;s strategic shift to slow the launch of several EV models to focus on profitability, as it grapples with the rising costs of United Auto Workers strikes, which surged to $200 million per week this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Honda Motor and General Motors (GM) are scrapping a plan to jointly develop affordable electric vehicles (EVs), the Japanese company said on Wednesday, just a year after they agreed to work together in a bid to beat Tesla in sales. The decision underscores GM&#8217;s strategic shift to slow the launch of several EV models to focus on profitability, as it grapples with the rising costs of United Auto Workers strikes, which surged to $200 million per week this month.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-612559","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=612559"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/612559\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=612559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=612559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=612559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}