Chevrolet’s next midsize pickup for South America is inching closer to reality, and new insider details paint a clearer picture of what’s coming. Developed alongside Hyundai, the new truck will ride on a heavily reworked version of the current Chevy Colorado’s underpinnings, reworked to support hybrid powertrains and a more rugged suspension setup.Make Way For Hybrid Power According to GM Authority, the next-generation pickup will use an updated version of GM’s 31XX-2 platform. While that architecture already underpins the current Colorado, this iteration is being re-engineered to support electrified powertrains from day one. That means hybrid systems will sit alongside traditional combustion engines. All-electric pickups still face limitations in towing and range, making hybrids a more practical middle ground that balances efficiency with real-world capabilities. GM’s updated four-cylinder TurboMax engine, which will reportedly gain more power and torque for 2027, could also be offered in this new Hyundai-GM pickup.Engineered For Latin America’s Demands Beyond electrification, the platform is being tailored specifically for markets like Brazil and the broader Latin American region. It will retain a body-on-frame setup, reinforcing its work-focused credentials, while a stronger rear axle is expected to improve load capacity, and body styles such as single-cab variants will continue to serve commercial buyers. Powertrain flexibility is another key focus. Diesel engines are set to remain part of the mix, potentially working alongside flex-hybrid systems. The result should be one of the most versatile midsize trucks offered in the region, with a broader range of configurations than anything GM has made in the past.The Rest Of The Hyundai-GM Partnership Hyundai and GM will release five co-developed models over the next few years, including a future commercial van for North America that could arrive as a rebadged Hyundai Staria. These co-developed vehicles won’t look identical, as each brand will apply its own exterior and interior design language. In other words, Hyundai could even explore features like a removable roof for its version, while both trucks are expected to compete directly with established players like the Toyota Tacoma. Set to launch in 2028, the new midsize pickup will underpin the next Brazilian-made Chevrolet S10, as well as Hyundai’s first true entrant in the midsize segment, a big step up from the late Santa Cruz.