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Hyundai and GM negotiate a deal swapping pickup trucks and electric vans to cut costs and expand markets.
Hyundai and General Motors are reportedly negotiating a deal where Hyundai would receive GM's mid-sized pickup trucks, like the Chevrolet Colorado, in exchange for providing electric vans to GM.
Hyundai plans to produce these vans initially in South Korea, with potential North American production by 2028.
The partnership could expand to include battery and chip development collaborations, and Hyundai may also offer its Creta SUV to GM for sales in Brazil.
This deal aims to cut costs and help GM address its struggling business in China.
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Hyundai y GM negocian un acuerdo intercambiando camionetas y furgonetas eléctricas para reducir costos y ampliar los mercados.