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 new facility will help create a stable supply of batteries in the region and allow the Group to respond quickly to the soaring EV demand in the US market. The Hyundai Elantra Hybrid, LPi hybrid vehicle introduced in 2009, was the Group’s first electrified model.
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