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AISIN to invest more than $200M in new production lines for two-motor hybrid transmissions in N Carolina

Green Car Congress

AISIN Corporation, the fifth-largest Tier 1 auto supplier in the world, announced today that it will launch two new production lines with a total anticipated investment of more than $200 million at its AISIN North Carolina Corporation (ANC) facility in Durham, North Carolina.

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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 Partners with SK On to Secure EV Battery Supply for North America

Electric Cars Report

Hyundai Motor Group today signed a memorandum of understanding with SK On Co., a leading EV battery manufacturer, to secure a supply of EV batteries in North America.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Hyundai Motor Group plans to produce various EV models in the United States through Hyundai Motor Alabama Plant (HMMA), Kia Georgia Plant (KaGA), and Hyundai Motor Group New Plant (HMGMA).

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Volkswagen accelerates engineering and R&D capabilities within the North American region with new Chief Engineering Officer

Green Car Congress

Volkswagen continues to expand its design and engineering capabilities as well as grow its leadership team in North America with the addition of the company’s new Chief Engineering Officer, Lyndon Lie.

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Hyundai Motor Group opens 2021 EV Open Innovation Challenge for charging infrastructure and service solutions

Green Car Congress

Hyundai Motor Group is opening the 2021 EV Open Innovation Challenge following the successful completion of the EV and Battery Challenge launched in 2020 ( earlier post ). The Group aims to discover promising startups, explore commercial opportunities and encourage the implementation of pilot programs in North America.

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