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

Teslarati

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, LG Power plan $4.3B EV battery plant in Ga.

Baua Electric

“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and long-time partner,” Jaehoon Chang, CEO of Hyundai Motor Co. Hyundai is making plans to make investments $5 billion on every other battery plant with SK On Co.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

In collaboration with the Administration, 46 industry members signed on to the following Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. This commitment signifies the beginning of a collaboration between the government and industry to increase the deployment of electric vehicle charging infrastructure.

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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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Hyundai Motor Plans On Building More Hybrids Inside North America

The Truth About Cars

Hyundai Motor reportedly plans on using preexisting investments slated for its new EV facility in Georgia to pivot toward hybrid vehicles, as all-electric models haven’t seen the kind of adoption rates that would warrant an entire factory — let alone the plant that will become its largest outside of South Korea.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

In our latest blog post, EVmatch advisor Jeff Pickett takes a deep dive into the landmark bill, looking at what the IRA means for climate change mitigation and the EV industry. Let’s dig into the specifics of what it means for the country, the planet, the EV industry and, perhaps of greatest interest to you, your wallet.