Hyundai Motor Group has entered into a partnership with the American company Canoo for the development of a brand new platform on which future electric cars will be placed.
Canoo is a start-up that started in 2017 as Evelozcity. We have seen prototypes several times over the past few years. According to Canoo, the entire line-up would be placed on the same modular platform. And that’s where Hyundai comes in, because the South Korean giant is entering into a partnership with the Americans for that platform. The current “skateboard design” from Canoo is therefore being developed further and will be placed under future EVs from Kia and Hyundai.
Through this cost-saving collaboration, Hyundai hopes to be able to offer cost-effective (er) electric cars in the near future. This new partnership is part of the previously announced $ 87 billion investment.
With this new step, Hyundai is making considerable progress in the field of new platforms. Last year the manufacturer launched another new modular platform. This is intended for fossil-fueled cars and will make its appearance in the coming year on cars for our continent.