GM and Hyundai plan to work together on cars and clean-energy tech

It’s not totally uncommon for major automakers to buddy up on projects, share their knowledge and try to find ideas that benefit all parties. The latest to snuggle up are GM and Hyundai. Through their collaboration, they hope to improve their competitiveness while trying to reduce the costs and risks involved with developing new tech.

The two companies have signed a non-binding agreement and they’ll immediately start assessing joint opportunities and working toward binding agreements. According to GM CEO Mary Barra, the aim “is to unlock the scale and creativity of

→ Continue reading at Engadget

Similar Articles

Advertisment

Most Popular