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GM and Hyundai to collaborate on electric and hydrogen vehicles

  • September 12, 2024
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We often see companies working together in the automotive industry. Companies that are primarily invested in the electric vehicle sector are working together to both develop vehicles and

We often see companies working together in the automotive industry. Companies that are primarily invested in the electric vehicle sector are working together to both develop vehicles and reduce battery costs. And now hyundai And GMannounced that they decided to collaborate on electric and hydrogen vehicles.

General Motors and Hyundai Both passenger cars and commercial vehicles will be developed in collaboration. Some of these vehicles will be electric and some will be hydrogen fuel cell models. In addition, the two companies will work together to reduce the cost of raw batteries.

The goal is to be “fast”

In the statement signed by the two companies, “To reduce costs and provide better services to customers a wide range of tools and technologies complement each other to deliver faster” And “looking for ways to leverage their strengths” It was said that the goal was

The notable point here is that the two companies “fastIt is noteworthy that the electric car industry has started to slow down recently. Both the lack of cheap models and high interest rates on loans are reducing the demand for electric cars.

General Motors is pursuing an aggressive policy for the transition to electric vehicles in the North American market. under the umbrella of GM Chevy Silverado, Equinox, Blazer, Cadillac Lyriq, Hummer and GMC Sierra Brands like these also have electric models. Kia EV6 and EV9 at Hyundai It has electric models such as.

Source: Web Tekno

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