General Motors and Hyundai Motor plan to cooperate in passenger cars, commercial vehicles, electric vehicles, hydrogen energy technology and raw material procurement to cope with global competition, reduce costs and achieve mass production.
The two parties will enhance competitiveness and accelerate the launch of new products through joint development and resource sharing.
Hyundai Motor and Toyota Motor also plan to hold strategic talks to explore potential cooperation in electric vehicles, hybrid vehicles, hydrogen energy technology and smart cars.
Through these collaborations, the three automakers aim to promote technological development, enhance market competitiveness, and jointly address future challenges.
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