The two auto giants are teaming up to take on China and others with lower-priced cars. Hyundai and GM will launch five new co-developed vehicles, including a compact SUV, car, and pickup, a midsize pickup, and even an EV. However, the tie-up will involve much more.
What vehicles are Hyundai and GM co-developing?
Combined, GM and Hyundai build more vehicles than any automaker globally. After announcing a partnership last September, we are now learning what to expect from the collaboration.
Hyundai and GM will combine resources to launch five new vehicles, advanced platforms, and an electric vehicle.
The new co-developed vehicles will include a compact SUV, a car, a pickup truck, a midsize pickup, and an electric van.
GM is leading the development of a midsize pickup truck platform, while Hyundai is focusing on the SUV and electric van. Although they will share the same underpinnings, the vehicles will feature distinct designs inside and out to differentiate the brands.
Development is already underway on the four compact models set to launch in Central and South America, which will begin to roll out in 2028. These include a smaller SUV, a car, a pickup truck, and a midsize pickup.
The commercial electric van will be made in the US, starting as early as 2028. According to GM, it will be a “smaller sibling to Chevrolet’s BrightDrop vans.”
Hyundai and GM are also teaming up on logistics and sourcing materials, which will enable them to “reduce costs, streamline manufacturing, and launch new models faster.”
The automakers expect sales of the co-developed vehicles to reach over 800,000 annually once production is fully scaled.
GM’s CEO Mary Barra said last year that “GM and Hyundai have complementary strengths and talented teams. Our goal is to unlock the scale and creativity of both companies to deliver even more competitive vehicles to customers faster and more efficiently.”
The partnership is already off to a “fantastic start,” GM said in a statement. We’ll likely learn more soon as more details unfold.
Electrek’s Take
Top comment by BCV
This makes a lot of sense.
If this was a year ago, the US would have been a much more competitive place to build parts of this value chain. It's a shame watching the trade wars gut US manufacturing.
It's also too bad that very little of this will make its way to the US. Both Democrats and Republican's have chosen different brands of protectionism to keep affordable options away from US consumers.
Will we see more GM and Hyundai co-developed vehicles in the US? GM’s other partnership with Honda has been a big success, with the Honda Prologue and Chevy Equinox currently outselling nearly every other EV in America outside of Tesla.
The tie-up makes sense on a global scale as GM and Hyundai look to counter lower-cost vehicles from Chinese brands like BYD, which are quickly gaining market share overseas.
Will Hyundai use its dedicated E-GMP.S platform, used for Kia’s new PBV electric vans, for its US model? Either way, the new partnership should help both brands compete on a global scale. Check back soon for more info.
What kind of GM and Hyundai co-developed vehicle would you buy? An SUV? pickup? EV? Let us know in the comments below.
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