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

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billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. Based on these technological capabilities, SK innovation has signed supply contracts with major automakers including Hyundai Motor Group, BAIC Group and Daimler AG. The new plant will be located in Jackson County, Georgia.

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Hyundai to construct an EV module plant in S. Korea

Teslarati

Hyundai plans to construct an electric vehicle (EV) module plant in South Korea. Hyundai’s investment shows that it still believes electric vehicles are the future despite a slowing market. On Thursday, May 9, 2024, Hyundai signed an investment memorandum of understanding with the Ulsan Metropolitan City.

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

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At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

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LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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Hyundai invests $926M in 2nd EV plant in GA

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Hyundai Mobis will build a second electric vehicle plant in Georgia, Governor Brian Kemp announced on Wednesday. Kemp’s office said that Hyundai is investing $926 million in an Electric Vehicle Power Electric system facility in Bryan County, and it will eventually employ 1,500 people. for Hyundai.

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

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Hyundai Motor Group and affiliate automaker Kia have agreed to spend $16.5 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