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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

Green Car Congress

Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

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Hyundai, Kia partner with Exide Energy Solutions for EV Battery Localization in India

Electric Cars Report

Hyundai Motor Company and Kia Corporation signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions, a leading Indian battery company, as part of their electric vehicle expansion plans.

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Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the US. billion (KRW 5.7

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Hyundai & Kia to locally produce batteries in India

Teslarati

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. Hyundai Motor is Kia’s parent company. The company has EV expansion plans for India, starting with the leading Indian battery company, Exide Energy.

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Hyundai Motor Group breaks ground on Metaplant America dedicated EV and battery plant

Green Car Congress

Hyundai Motor Group officially broke ground today on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new manufacturing plant at the Bryan County Mega site. HMGMA will create more than 8,100 jobs over the next few years as the company aims to establish a stable supply chain for EV battery and other EV components in the US market.

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