Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia
Green Car Congress
APRIL 26, 2023
The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings. SK On has been a strategic partner for the Group and both have been working together on the production of global EV models, such as Hyundai IONIQ 5, Kia EV6 and Genesis GV60.
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