Ford Rival GM Finalizing Deal To Sell Electric Vans From Hyundai

As Ford Authority reported last September, General Motors and Hyundai signed a non-binding Memorandum of Understanding agreement with the intentions of exploring future collaborations across key strategic areas. The two companies are also aiming to collaborate on the co-development and production of both retail and commercial vehicles, as well as internal combustion engines, hydrogen-powered vehicles, and EVs – a list that could soon include all-electric Hyundai vans rebadged as General Motors models.

According to GM Authority, Hyundai and Ford’s cross-town rival are reportedly close to finalizing an agreement that would result in just that, as GM could source EV vans from Hyundai to replace its aging Chevy Express and GMC Savana models. Hyundai is reportedly planning to import those EV vans from South Korea, but it’s also exploring the idea of building them in North America by 2028 via a new plant, the expansion of an existing facility, or even potential outsourcing.

As Ford Authority recently reported, GM could supply Hyundai with mid-size pickups – enabling that company to sell its own version of the Chevy Colorado/GMC Canyon in North America as a direct Ford Ranger rival, and it’s even reportedly interested in GM’s full-size pickups, though The General hasn’t reportedly agreed to commit to such a thing as of yet. None of these moves are set in stone at the moment, as talks between GM and Hyundai remain ongoing, but it’s clear that the two sides envision a relationship that goes beyond pooling resources to procure things like chips, EV batteries, and raw materials.

If Hyundai does in fact decide to supply GM with EV vans, it would be similar to what Ford did with the current-generation Transit Connect. That van is basically a rebadged version of the Volkswagen Caddy, born out of the partnership between those two automakers that was forged a few years ago.