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Exclusive: GM, Hyundai in talks to share pickups and electric vans in North America, sources say


Published on 2025-03-20 14:21:30 - Reuters
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  • Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial van models with the U.S. auto giant, according to a source familiar with the talks and Hyundai documents reviewed by Reuters.

General Motors (GM) and Hyundai Motor are in preliminary discussions to collaborate on producing electric pickup trucks and vans for the North American market, according to sources familiar with the matter. This potential partnership aims to leverage GM's expertise in electric vehicle technology and Hyundai's manufacturing capabilities to address the growing demand for electric commercial vehicles. The talks are part of a broader industry trend towards alliances that can help reduce costs and accelerate the transition to electric vehicles. However, details such as the specifics of the partnership, investment, and production timelines remain under negotiation, with no final agreements yet in place.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/other/exclusive-gm-hyundai-in-talks-to-share-pickups-and-electric-vans-in-north-america-sources-say/ar-AA1Bkrx2 ]