Hyundai Motor EVs May Get LG Chem Batteries

In Electric Mobility, News, Products
hyundai

Hyundai Motor Group, and its sister company Kia Motors has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles (EV), a group spokesman said on Wednesday.

Details of the supply contract including the electric vehicle (EV) model and the full amount of the deal, which are yet to be decided, will be confidential, the spokesman said.

LG Chem declined to comment.

Hyundai Motor said last year it would launch 16 EV models by 2025 with an aim to boost EV sales to 560,000 by then.

This is a BusinessWire Feed

Join Our Newsletter!

Love Clean Future? We love to tell you about our new stuff. Subscribe to newsletter!

Mobile Sliding Menu

Do NOT follow this link or you will be banned from the site!