DETROIT (Michigan News Source) – A program to make affordable electric vehicles for the global market between General Motors and Honda Motor Company has been canceled.

The companies issued a joint statement this week and confirmed they will no longer partner in the program.

MORE NEWS: VIDEO: Dash Cam Video Shows Deadly Police Chase in Jackson, Pipe Bombs Being Pitched from Vehicle

GM recently announced they were delaying several EV launches as automakers search for a way to make the vehicles profitable.

The automakers say they are committed to the EV platform and GM says they will focus on battery cell production and other programs.