GM, Hyundai to develop 5 new models together – compact car, compact SUV, EV van, 2 Pick -Up Trucks – Paultan.org

General Motors (GM) and Hyundai shake hands last September to jointly develop and build passenger and commercial vehicles; Now we have more details. The two companies will work together on five new models and “compact SUV, car and pick-up, as well as a medium-sized pick-up” (for Central and South America in 2028, all with ice or hybrid choices), and an EV commercial van for North America in 2028.

GM will lead the development of the medium -sized truck platform, while Hyundai will lead it from the compact vehicle and electric van. Platforms will be shared, but interiors and exteriurs will be unique for each brand, and as soon as production has been completely scaled, the sale of all the above models is expected to be a total of 800,000 units per year.

“The strategic collaboration of Hyundai with GM will help us to continue to deliver value and choice to our customers in multiple vehicle segments and markets. Our combined scale in North and South America helps us to offer our customers more what they want-effective, high-quality, safety-oriented, safety-oriented vehicles that they value Joso.

“By working together, GM and Hyundai will offer our customers more choice faster and at a lower cost. These first co-developed vehicles clearly show how GM and Hyundai will use our complementary strengths and a combined scale,” said GM Senior VP and global Chief Purchasing and Supply Chain officer Shilpan Amin.

In addition to co-development of the model, GM and Hyundai are also planning to work together in areas such as material purchasing, transport and logistics in North and South America, plus raw materials, components, complex systems and low-carbon emission language.

“Even if they sell those new models in South America, it is difficult to beat Chinese competitors who already lead the market for electric vehicles with low prices. Hyundai may learn from GM about building pick-up trucks, but it would take some time to generate income,” Seoul-based Billion Fold Codems Management Teted Reuters.

“The partnership itself is a win-win strategy, because GM can learn Hyundai’s hybrid technology, while Hyundai can use the relationship with GM as a lever for trade negotiations with the United States,” Mirae-Mobility Research & Services Head Teddi Kim told the news agency.

Now, speculation time – with regard to the EV bus, can GM get a version of the Hyundai ST1 or Kia PV5 to follow the Chevrolet Express/GMC Savana? We will see a Hyundai-badged Chevrolet Colorado/GMC Canyon to be the Santa Cruz-pick-up brother? And I can’t imagine Chevrolet Tucson, right?

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