Hyundai and General Motors plan to co-develop vehicles

Hyundai Motor Company and General Motors (GM) have announced plans for their first five co-developed vehicles, marking a significant milestone in their previously announced strategic collaboration.

The two companies will co-develop four vehicles for the Central and South American market, including a compact SUV, car, and pick-up, as well as a mid-sized pick-up, all with the flexibility to use either internal combustion or hybrid propulsion systems. Hyundai and GM also will co-develop an electric commercial van for North America.

GM will lead the development of the mid-sized truck platform, while Hyundai will lead on the compact vehicle and electric van. In addition, the two companies will share common platforms and develop unique interiors and exteriors consistent with their respective brands.

Design and engineering work is underway on the new vehicles for the Central and South American markets, which will launch in 2028, while the electric commercial van will be manufactured in the U.S.A as early as 2028.