Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US
Green Car Congress
MAY 26, 2023
Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Hyundai Group’s US manufacturing facilities for production of Hyundai, Kia and Genesis EV models. The Hyundai Elantra Hybrid, LPi hybrid vehicle introduced in 2009, was the Group’s first electrified model.
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