Hyundai and General Motors plan to collaborate on five new vehicles, including one electric commercial van that the tie-up says is being designed to be built in the United States. The partnership, announced by both brands on Wednesday, also includes plans to develop four road cars for South and Central American markets.
The bulk of the tie-up is focused on co-development of the road cars, which include a SUV, a sedan, and two trucks. One of each body style will be compact, while the second truck will be mid-sized. According to a statement released by both brands, the cars resulting from the agreement will "share common platforms and develop unique interiors and exteriors consistent with their respective brands."
GM will lead development of the mid-sized truck, but the three compact models will be led by Hyundai. Both platforms will be developed for use with either a conventional internal-combustion powertrain or a hybrid system. All four cars are expected to launch in South and Central America in 2028; combined with the van, the deal is expected to include 800,000 cars a year at full production.
The Korean company will also lead development of the electric van. That model, which the pair claim is being developed for North America, is both the only BEV and the only commercial product included in the new partnership. Like the consumer-facing products, the van is also expected to reach production in 2028.
In addition to this plan, the statement notes that the two companies "continue to assess" other potential partnership opportunities across their businesses. This includes "collaboration opportunities across propulsion systems, including internal combustion engines, hybrid, battery electric, and hydrogen fuel cell technologies." Those agreements may come later, but for now, the partnership will be limited to collaboration on these five products.
You Might Also Like
Comments