December 24, 2024

Hyundai Motor Group and LG Energy Solution Announce $4.3 Billion Joint Venture for EV Battery Manufacturing in the US

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Hyundai Motor Group and LG Energy Solution Announce $4.3 Billion Joint Venture for EV Battery Manufacturing in the US

 

Hyundai Motor Group and LG Energy Solution are forming a $4.3 billion joint venture to manufacture electric vehicle batteries with an annual capacity of 30 GWh.