Hyundai and SK invest $5 billion in US battery factory
April 26, 2023
Car manufacturer Hyundai and battery manufacturer SK will invest five billion dollars to build a joint battery cell factory in Bartow County, Georgia, US. Production would start in the second half of 2025. With this new joint venture, the two South Korean companies aim to produce 35 kWh of EV battery cells annually, enough to […]