LG Energy Solutions & Hyundai team up for battery plant in the United States
Teslarati
MAY 31, 2023
The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry. million globally by 2030.
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