Hyundai Motor and General Motors (GM) are in the final stages of negotiations to collaborate on the sharing and selling of commercial electric vans and pickup trucks. This partnership will extend beyond vehicle exchanges as both companies explore joint semiconductor procurement and next-generation battery material development.
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Hyundai plans to provide GM with two electric van models while acquiring pickup trucks from GM to sell under the Hyundai brand in North America. Specifically, Hyundai is considering sharing a small electric commercial van based on its ST1 platform and a larger van aimed at competing with the Mercedes-Benz Sprinter. The companies also discuss the possibility of jointly operating sales and service networks. Hyundai intends to initially import electric vans for both companies into Korea, with plans to begin production in North America by 2028. The automaker is currently scouting locations for new production facilities to support this initiative.
Meanwhile, GM will supply Hyundai with its midsize trucks, the Chevrolet Colorado and GMC Canyon. Sources indicate that Hyundai has also expressed interest in selling GM’s full-size pickup trucks, though GM appears cautious about this proposal. Additionally, the companies are exploring the possibility of Hyundai supplying SUVs for GM to sell in the Brazilian market.
When asked about these reports, a GM spokesperson told Reuters, “We are continuously exploring various collaboration opportunities.” A Hyundai representative said, “Discussions are ongoing, but nothing has been finalized.”
