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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. 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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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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SK On, Westwater Resources to develop anode materials; boosting raw battery material supply chain in N America

Green Car Congress

SK On, a leading electric vehicle (EV) battery manufacturer, signed a joint development agreement (JDA) with US graphite company Westwater Resources (WWR) as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA).

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Hyundai Motor Group and SK On to build EV battery facility in Bartow County, Georgia

Green Car Congress

Georgia Governor Brian P. Kemp announced that Hyundai Motor Group (HMG) and SK On have selected a site in Bartow County for a new electric vehicle (EV) battery manufacturing facility that will supply Hyundai Motor Group’s plants in the US. Earlier post.).

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Freyr's Georgia battery factory will focus on energy storage

Green Car Reports

Norwegian battery firm Freyr recently confirmed plans for a Georgia factory that will supply batteries for energy storage. Dubbed "Giga America," the factory will be located on a 368-acre tract in Coweta County, on the southwestern edge of the Atlanta metropolitan area, according to a Freyr press release.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs).

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Anovion Technologies to build $800M synthetic graphite anode materials plant in Georgia

Green Car Congress

US-based advanced materials company Anovion Technologies has selected Decatur County in Southwest Georgia as the location of the company’s first large-scale expansion of manufacturing capacity for production of its premium synthetic graphite anode materials. Anovion plans an initial $800-million investment in the plant. Earlier post.)

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