On Thursday, General Motors (NYSE:GM) and Hyundai Motor Company (OTC:HYMTF) announced that they signed a memorandum to explore joint product development, manufacturing, and clean energy technologies. Together, they will try to find ways to leverage their scale and complementary strengths to lower costs and bring a wider range of vehicles and technologies to customers faster. Yet, this agreement won't be limited ot EVs, as it will also explore hydrogen-powered and ICE vehicles, including both passenger and commercial vehicles. With combined expertise and innovative technologies, Hyundai and GM are hoping to enhance their competitiveness in key markets...
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