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SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

Green Car Congress

South Korea-based SK Innovation, a developer of lithium-ion batteries for electric vehicles, will invest $1.67 billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. The new plant will be located in Jackson County, Georgia.

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Hyundai, Kia agree to pump $16.5bn into EV production in South Korea

Teslarati

billion to produce electric vehicles at a new factory in South Korea. Hyundai Motor Group, which includes Kia, Hyundai Motor, and Genesis, said the factory will build 150,000 vehicles every year, supplying Hyundai and Kia with enough volume to supply customers with EVs. million units by 2030. The planned 1.44

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Kia Plans to Release Smaller, More Affordable EV3 By the End of 2024

The Truth About Cars

In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3. The new model will join several hybrids also in development, along with at least on South Korea-only model expected to debut at the same time as the EV3. Image: Kia] Become a& TTAC& insider.

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Hyundai is launching an electric van as its first export model based on its new EV platform

Baua Electric

Hyundai is building a new all-electric van for Iveco Hyundai revealed the news at a signing ceremony at its headquarters in Seoul, South Korea. In July 2022, the companies announced a hydrogen-powered IVECO BUS based on Hyundai’s fuel cell system. The deal is part of a broader partnership established in March 2022.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

The company aims for 2 million units in annual EV sales by 2030. President and CEO Jaehoon Chang explained how the company’s second-generation dedicated EV platform, under the new Integrated Modular Architecture (IMA), will replace its Electric-Global Modular Platform (E-GMP) going forward. trillion (US$27.8

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Hyundai goals for double-digit EV benefit margins via 2030 with brandnew platform

Baua Electric

The company has also raised sales targets for major regions and is preparing to flexibly adjust its sales targets according to market demand.” The corporate already builds EVs this manner within the U.S., South Korea, the Czech Republic and Bharat. It’s going to extend that means. the Kona, Ioniq 5 and Ioniq 6.

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Hyundai considers hybrid production at Georgia EV Factory

Teslarati

Hyundai is considering hybrid production at its Georgia Metaplant, which was supposed to be dedicated to the electric vehicle (EV) factory. Hyundai’s Metaplant in Georgia is expected to start EV production by October 2024. “We billion plant in Georgia. It also plans to expand its mobility business in South Korea.

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