Hyundai Motor to build EV battery joint venture with LG Energy Solution

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Hyundai Motor to build EV battery joint venture with LG Energy Solution
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SEOUL : Hyundai Motor announced on Friday it plans to invest 1.43 trillion won ($1.1 billion) to build an electric battery joint venture with LG Energy Solution in North America.The joint venture will invest a total of 5.7 trillion won over the next six years to gain competitiveness in the North America a

SEOUL : Hyundai Motor announced on Friday it plans to invest 1.43 trillion won to build an electric battery joint venture with LG Energy Solution in North America.

The joint venture will invest a total of 5.7 trillion won over the next six years to gain competitiveness in the North America automotive market, the company said in a regulatory filing.

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