, has enlisted a Los Angeles startup to help create a “skateboard” platform the South Korean auto giant can use for a range of lower-cost electric cars and trucks. subscription service for consumers to use its pod-like electric vans
, will work with Hyundai and subsidiary Kia to modify the flat platform created for its futuristic vehicle that integrates the battery pack, motors and other key components. Hyundai isn’t investing in Canoo but instead paying an undisclosed amount for its engineering services. The goal is to create low-cost common architecture from which sedans, vans, delivery vehicles or trucks can be easily produced, eliminating the traditional use of multiple platforms. Hyundai says it’s got plans to create a variety of purpose-built vehicles that could come from Canoo’s skateboard.
The Hyundai Group has said it plans to spend $87 billion on a range of future-oriented mobility projects over the next few years as it adapts to fast-moving transportation industry changes. Those include its to speed development of self-driving vehicle technology; a 100 million-euro investment in London-based commercial vehicle maker Arrival; an air-taxi tie-up with Uber and a $6.7 billion push to commercialize clean hydrogen technology to power trucks, cars and ships.
Where did they ever get that idea
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