GM and Hyundai sign MoU to explore collaboration on vehicle development, clean-energy tech, and supply chains.

General Motors (GM) and Hyundai have signed a non-binding memorandum of understanding to explore collaboration on vehicle development, supply chains, and clean-energy technologies. The partnership aims to reduce costs and expedite the introduction of a diverse range of vehicles, including electric, hydrogen, and combustion models. Both companies will assess joint sourcing opportunities for materials while leveraging their strengths for greater competitiveness.

September 12, 2024
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