General Motors, Hyundai Explore Production and Technology Collaboration

General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology.

The automakers said Thursday that they will attempt to lower costs and bring a wider range of vehicles to customers more quickly.

In addition to possible partnerships to produce passenger and commercial vehicles, including combustion engines as well as electric and hydrogen technologies, the companies will pursue opportunities for combined sourcing in battery raw materials, steel and other areas.

General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology.

The automakers said Thursday that they will attempt to lower costs and bring a wider range of vehicles to customers more quickly.

In addition to possible partnerships to produce passenger and commercial vehicles, including combustion engines as well as electric and hydrogen technologies, the companies will pursue opportunities for combined sourcing in battery raw materials, steel and other areas.