Hyundai Motor Group and SK On plan to invest $1.9 billion (2.5 trillion won) to build a new EV battery plant in the US. The partners are scheduled to sign a memorandum of understanding (MOU) on November 28 in Georgia, where Hyundai is building its first dedicated EV facilities.. More…
Hyundai, SK On investing $1.9B in US battery factory with 20 GWh annual capacity
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