Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America
Green Car Congress
NOVEMBER 30, 2022
Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Under the MOU, both parties will cooperate to provide SK On batteries to the Group’s plants in the US after 2025 for the EV production. million full electric vehicles annually by 2030.
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