Hyundai and General Motors have announced plans for their first five co-developed vehicles, with four of the vehicles aimed at the Central and South American market. The OEMs will also co-develop an electric commercial van for North America.
Hyundai and GM anticipate the number of co-developed vehicles to reach more than 800,000 units a year, once production is fully scaled. GM will lead the development of the mid-size truck platform, with Hyundai leading the compact vehicle and electric van section. Both companies will share common platforms and create unique interiors and exteriors that are consistent with their own brands.
Shilpan Amin, GM’s Senior VP and Global Chief Procurement and Supply Chain Officer, said the vehicles were targeted at the largest segments in the Central and South American markets, and the commercial segment in North America.
“By partnering together, GM and Hyundai will bring more choice to our customers faster, and at lower cost,” he said in a statement. “These first co-developed vehicles clearly demonstrate how GM and Hyundai will leverage our complementary strengths and combined scale.”
Design and engineering work on the new vehicles is underway for the Central and South American markets, with a target to launch in 2028, while the commercial van will be produced in the U.S. as early as 2028.
