(CVBN: Chico, CA) — Hyundai Motor Company and General Motors (GM) have announced plans for the first five co-developed vehicles as part of their strategic collaboration, marking a significant milestone in their partnership. The new vehicles are expected to reach annual sales of more than 800,000 units once production is fully scaled.

The collaboration will focus on two key markets. For the Central and South American market, the companies will co-develop a compact SUV, a car, and a compact pick-up, as well as a mid-size pick-up. All four vehicles will be designed with the flexibility to use either internal combustion or hybrid propulsion systems. Hyundai and GM will also co-develop an electric commercial van for the North American market.

GM will lead the development of the mid-size truck platform, while Hyundai will take the lead on the compact vehicle and the electric van. The two companies will share common platforms to improve efficiency, but will develop unique interiors and exteriors consistent with their respective brand identities.

“Hyundai’s strategic collaboration with GM will help us continue to deliver value and choice to our customers across multiple vehicle segments and markets,” said José Muñoz, president and CEO of Hyundai Motor Company. “Our combined scale in North and South America helps us to more efficiently provide our customers more of what they want – beautifully designed, high-quality, safety focused vehicles with technology they appreciate.”

The new vehicles for the Central and South American markets are currently in the design and engineering phase and are scheduled to launch in 2028. The electric commercial van will be manufactured in the U.S. and is also slated for launch as early as 2028.

Shilpan Amin, GM senior vice president and global chief procurement and supply chain officer, noted that the vehicles are aimed at the largest segments in their respective markets.

“By partnering together, GM and Hyundai will bring more choice to our customers faster, and at lower cost,” Amin said. “These first co-developed vehicles clearly demonstrate how GM and Hyundai will leverage our complementary strengths and combined scale.”

Beyond vehicle development, the companies also plan joint sourcing initiatives in North and South America for materials, transport, and logistics. They are also exploring collaboration on low-carbon emissions steel as part of a commitment to sustainable manufacturing. Following the signing of a framework agreement in September 2024, both companies continue to assess additional joint development opportunities across global markets and various propulsion systems, including hydrogen fuel cell technology.