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Rumor: Hyundai And SK Talk About Battery JV In US

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Rumor: Hyundai And SK Talk About Battery JV In US via insideevs.com

Hyundai Motor Group announced in October that will it build in Georgia a large manufacturing site, called Hyundai Motor Group Metaplant America , which is expected to include also an EV battery manufacturing facility.

Two South Korean companies joining forces would not surprise us, especially because they are already working together on various projects. SK On also already has two battery plants in Commerce, Georgia and clearly is in an expansion mode. A memorandum of understanding between Hyundai and SK On might be announced later this month , according to the report.would mean 67 kWh per car on average. We consider it kind of low , but maybe it's an initial target.

 

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