Hyundai Motor Group And SK On Announce EV Battery MOU via insideevs.com
- all produced in South Korea. The company also has two battery plants in Georgia and a few other projects with various manufacturers .
An interesting thing is that SK On directly points out the US Inflation Reduction Act as a major change and that the partnership is crucial to comply with the new requirements. This means a series of IRA restrictions that lead to production/processing of key minerals for electric vehicle batteries and assembly of electric vehicles can be met through cooperation between the two companies.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hyundai Motor, LGES consider building two JV battery plants in U.S. -reportSouth Korea's Hyundai Motor Co and LG Energy Solution Ltd (LGES) are considering building two joint venture battery plants in the United States, a local online news outlet reported on Monday.
Read more »
Rumor: Hyundai And SK Talk About Battery JV In USThe Hyundai Motor Group announced in October that it will build in Georgia a large manufacturing site. The question is, who will become the battery partner?
Read more »
East Cleveland police giving out wheel-locks to slow down Hyundai, Kia car thievesPolice want you to be vigilant this holiday season and with car thefts on the rise, especially amongst Kias and Hyundais, they say an anti-theft device could keep you, your family and your car safe.
Read more »
From Hyundai Kona EV to Tesla Model Y Standard RangeThis article tells the story of how Phil has moved from a Kona to a Model Y which he has had to modify for his wife who has a disability.
Read more »
Hyundai and LG considering two new U.S. battery plantsThe Inflation Reduction Act will require that at least 40% of the monetary value of critical minerals for batteries be from the United States or a U.S. free-trade partner to qualify for tax credits.
Read more »
Kia, Hyundai thefts surge in Northeast Ohio amidst social media trendNews 5 reported last week that police said more than 3,000 cars have been stolen in the city since the start of the year.
Read more »