CHICAGO, Sept. 3 (Xinhua) -- U.S. General Motors Co. and Honda Motor Co. Ltd of Japan have signed a memorandum of understanding toward establishing a strategic alliance in North America, the Detroit News reported on Thursday.
Building on previous collaborations in electrified vehicles and technologies, the partnership would enable both companies to explore sharing vehicle platforms and propulsion systems, and includes a range of each company's vehicles as well as cooperation in purchasing, research and development, potential manufacturing efficiencies and connected services that could save both companies costs as they develop and deploy new technologies.
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