Hyundai and GM (General Motors) have officially partnered to develop electric vehicles. On Wednesday, the two automakers declared that they’ve started work on the first five battery-electric models, which will be built on shared platforms. The lineup will also include a commercial electric van designed for the North American market.
Hyundai and GM have revealed plans to collaborate on a total of five vehicles, though only one will be sold in the U.S. The remaining four, a compact SUV, a compact car, a compact pickup, and a mid-size pickup, are being designed primarily for Central and South American markets. These models will be available with both hybrid and traditional internal combustion engines, with a targeted launch in 2028.
The standout for the U.S. market is the new electric commercial van, which the companies say will be built domestically and could arrive as early as 2028.
GM will take the lead in developing the mid-sized truck, while Hyundai will be responsible for the three compact models. Both vehicle platforms will be designed to accommodate either traditional internal-combustion engines or hybrid powertrains. The partnership is expected to yield up to 800,000 vehicles annually once full-scale production begins.
The joint initiative between GM and Hyundai is primarily aimed at cutting costs. By pooling purchasing power, the automakers plan to streamline the sourcing of raw materials, transportation, and logistics. As part of broader sustainability goals, the two companies also intend to collaborate on low-emission steel production. While the initial vehicle platforms will support internal combustion and hybrid systems, the partnership leaves room for future development of battery-electric and hydrogen fuel cell technologies.
The announcement comes after Hyundai and GM signed a framework agreement in September 2024 to explore joint vehicle development, supply chain collaboration, and clean energy technologies.
