Tag: vehicle development
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General Motors|GM and Hyundai Sign Memorandum of Understanding for Collaboration
On September 12, 2024, GM and Hyundai signed a memorandum of understanding to explore collaboration in key strategic areas. The collaboration aims to co-develop and produce vehicles, internal combustion engines, and clean energy technologies. The companies will also explore joint sourcing of battery raw materials and steel, seeking to enhance efficiency and competitiveness. Source: General…