Hyundai And LG Start Building $1.1Bn EV Battery Plant In Indonesia
South Korea’s Hyundai Motor Group and LG Energy Solution on kicked off the construction of a $1.1 billion electric vehicle battery plant in Indonesia, which President Joko “Jokowi” Widodo hailed as marking the country’s shift away from resources toward technology….
LG, Hyundai To Build $1.1 Billion Electric Vehicle Battery Plant In Indonesia To Tap Nickel Supply
South Korean conglomerates Hyundai and LG will jointly build a $1.1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country’s potentially vast consumer market and rich natural supply of nickel. The 50-50 joint venture,…
Hyundai Motor To Invest $100 Mln In Battery Startup SolidEnergy Systems
South Korea’s Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup, according to local news. “As we have been investing in various companies related to electrification, our investment in SolidEnergy is…
Hyundai, We Drive Solar & Partners Test Car-Sharing + Biodirectional Charging In Utrecht
Along with other partners, Hyundai and We Drive Solar are planning to test electric car-sharing in combination with bidirectional charging on a large scale in Utrecht, the Netherlands, starting this summer. The new Ioniq 5 will also be used for…
Hyundai Proposes Electric Vehicle Battery Leasing Plan To Lower Cost Of EVs
South Korean automotive giant Hyundai is to create an electric vehicle (EV) battery leasing business with the aim of reducing the initial cost of buying an EV as well as providing services that enable eco-friendly re-use of the batteries beyond…
Government, Hyundai, LG Join Hands To Reuse Dead Batteries
Amid a heightening blame game over the cause of Kona Electric Vehicle fires, South Korean Prime Minister Chung Sye-kyun, Hyundai Motor Group Chairman Chung Euisun and LG Energy Solution President Kim Jong-hyun on Thursday gathered at the automaker’s research and…
Hyundai Says In Early Talks With Apple After Electric Vehicle Tie-Up Report
South Korea’s Hyundai Motor Co said it was in early talks with Apple, after local media reported the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%. The report comes weeks after it was reported…
EESL To Procure 250 EVs From Tata Motors, Hyundai For Govt Bodies
Energy Efficiency Services (EESL) has selected Tata Motors and Hyundai Motor India in an international bidding process for procurement of 250 electric vehicles (EVs) for government entities. Tata Motors will supply 150 Nexon electric compact SUVs and Hyundai will supply…
KOGAS, Hyundai Motor Join Hands In Hydrogen Production, Charging, And Sales
Korea Gas Corp. (KOGAS) and Hyundai Motor Group have joined hands to build integrated hydrogen charging stations that can also serve as a hydrogen production facility. They signed a business agreement at a hotel in Seoul to cooperate in enhancing…
Hyundai XCIENT Fuel Cell Heads To Europe For Commercial Use
Hyundai Motor Company shipped the first 10 units of the Hyundai XCIENT Fuel Cell, the world’s first mass-produced fuel cell heavy-duty truck, to Switzerland. The company plans to ship a total of 50 XCIENT Fuel Cells to Switzerland this year,…
