MILAN – Italian truck, bus and engine maker Iveco group stated on Monday it had signed a memorandum of understanding (MoU) with Hyundai Motor Firm on March 4 to discover doable collaborations on shared car expertise, joint sourcing and mutual provide.
The MoU is a preliminary step in assessing potential cooperations in expertise and platforms, encompassing parts and methods, the group added in an announcement.
The areas of doable mutual curiosity are electrical powertrains and platforms similar to fuel-cell methods, car automation and connectivity for industrial automobiles.
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