Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia
Green Car Congress
APRIL 26, 2023
Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America.
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