The two companies will reach an agreement by the end of the quarter as they find new ways to collaborate on electric vehicles.

Last fall, General Motors and Hyundai announced they were exploring a partnership focused on joint product development, manufacturing, and future clean energy technologies. Specifics were few and far between, but the ultimate goal was to “reduce costs and bring a wider range of vehicles and technologies to customers faster.”

Montra Electric expands its product portfolio with the launch of an electric commercial vehicle and three-wheeler at the Auto Expo.

General Motors and Hyundai will ink a deal in the coming months. Little news about the Hyundai-General Motors collaboration has surfaced since the two brands signed an unexpected Memorandum of Understanding last September.