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Hyundai, LG announce US EV battery production facility to produce 300,000 units per year

Started by Redaktion, May 26, 2023, 20:44:54

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Redaktion

Hyundai Motor Group and LG Energy Solution have announced a joint venture to create a battery manufacturing facility in the US. The new facility will be located in Georgia, and production is expected to start at the end of 2025. It's expected that the new cell production will provide stable supply for Hyundai, Kia, and Genesis electric vehicles destined for the US market and could result in significant price cuts for US EV customers.

https://www.notebookcheck.net/Hyundai-LG-announce-US-EV-battery-production-facility-to-produce-300-000-units-per-year.720461.0.html

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