to secure a stable supply of battery cells for its battery electric vehicles (BEVs). SEOUL, J– Hyundai Motor Group (the Group) has teamed up with LG Energy Solution Ltd. ![]() ![]() The battery cell JV will help Hyundai and Kia secure a stable supply of EV batteries at a competitive price for upcoming BEVs.Hyundai Motor Group and LG Energy Solution to invest USD 1.1 billion in the plant and each to own a 50% stake in the joint venture. ![]()
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