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Hyundai Motor breaks ground for new EV plant in Ulsan

Hyundai Motor will manufacture 200,000 electric vehicles (EV) annually with its new manufacturing facility in the southeastern city of Ulsan set to become the automaker s next production hub in an era of electrified mobility, the automaker said Monday.

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Hyundai Motor Commences Construction of EV Plant in Ulsan with Groundbreaking Ceremony

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Hyundai to develop in-house EV batteries | Borneo Bulletin Online

Hyundai to develop in-house EV batteries | Borneo Bulletin Online
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Hyundai Plans To Produce Its Own LFP Batteries By 2024 As Global Competition Increases

Hyundai Plans To Produce Its Own LFP Batteries By 2024 As Global Competition Increases
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Hyundai to develop own cheaper batteries for EVs

Hyundai Motor Group is expected to develop its own price-competitive lithium iron phosphate, or LFP, batteries for electric vehicles late next year to reduce dependence on China-made batteries, industry sources said Monday. According to media reports, under the two-year joint project with Korea-based battery makers that started this year, Hyundai will complete development of LFP batteries in 2024. The batteries will .

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