General Motors and Hyundai have taken the first step towards a partnership by signing a non-binding memorandum of understanding. The collaboration would focus on green technologies such as fuel-cell vehicles and EV battery manufacturing. By combining their economies of scale, the automakers aim to reduce costs and enhance their competitiveness in the market. The potential collaboration projects include co-development and production of various vehicles, as well as exploring technologies in internal combustion engines, clean energy, electric, and hydrogen. Additionally, both companies plan to review opportunities for combined sourcing of battery raw materials and steel. This initiative marks GM's second major partnership in the realm of EVs, following their collaboration with Honda. While Honda has shifted its focus to developing EVs independently, GM is open to seeking new partners for future electrification endeavors. The automotive industry's shift towards sustainable practices and the development of green technologies is evident in these strategic collaborations and partnerships.