Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US
Green Car Congress
MAY 26, 2023
The Hyundai Group and LGES have long been partners in the field of electrification having worked on the supplies of EV batteries for vehicles, including Elantra Hybrid, Kona Electric, and IONIQ 6 dedicated EV. The Hyundai Elantra Hybrid, LPi hybrid vehicle introduced in 2009, was the Group’s first electrified model.
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