Hyundai in talks with GM on EV supply, parts purchases, Reuters reports

Hyundai Motor (HYMTF) is in talks to supply commercial electric vehicles to General Motors (GM), Reuters’ Hyunjoo Jin reports. The automaker, which signed a preliminary tie-up deal with GM last year, also said it aims to sign binding contracts on cooperation in parts procurement and passenger and commercial vehicles within the first quarter of this year.Hyundai says a tie-up will pave the way for its entry into the North American commercial vehicle market.