When General Motors and Hyundai signed a Memorandum of Understanding to review the possibility of cooperation, no one expected such partnership. However, more strange things have happened so far. Do you remember Daimler Chrysler? We don’t even have to go back to the 1980s. In year 3, Jeep and Maserati are strange allies, Lotus and Volvo belong to Jail, while Bugatti and Rimak are a single company.
However, General Motors and Hyundai finalized the details of their unexpected cooperation. The two companies will work on compact and medium -sized pickups for Ceral and Southern American markets; Where a compact electric model and a similar size car will be available. Four models will be available with pure iernal combustion engines or hybrid propellers. In addition, a completely electric commercial van for North America is available as a smaller alternative to the Chevrolet Brightdrop.
When the production of all products is fully increased, General Motors and Hyundai will produce more than 800,000 vehicles annually. Hyundai will be responsible for the developme of compact and van electric models, while General Motors will produce a medium -sized truck. As one can imagine, the program is to shared the platforms between General Motors and Hyundai, while cars are distinguished with unique exterior and ierior designs to maiain the ideity of each brand.
General Motors and Hyundai will sell their own brands. Cars iended for Ceral and Southern American markets will be sold in year 6. It is also expected to be marketed at the beginning of the same year, the electric commercial van made in the United States. However, this program is publicly leaked today, General Motors and Hyundai has been working on its design engineering for a while. This cooperation goes beyond the developme and construction of vehicles. The two companies are also investigating the joi preparation of raw materials, parts as well as low -carbon steel supply.
In addition, General Motors and Hyundai are investigating joi efforts in the fuel cell, as both believe that hydrogen will have a future. This is in conflict with the rece decision of Stonnetis to effectively cancel its hydrogen fuel cell designs.
Why do General Motors and Hyundai work together?
There are several reasons why General Motors and Hyundai have decided to cooperate despite their differences. The collaboration of the two companies allows the developme costs to accelerate the engineering process and provide a faster time to eer the market. More savings are achieved by joi preparation of the initials and parts. Of course this is the first way; General Motors and Hyundai have poied to the renewal of collaboration, saying that the cited cars are only the first five developed models. Therefore, this shows that more cars are to be offered by the two companies.
