Hyundai Motor With Kia: With the expansion of their EV plans for the Indian market, Hyundai Motor and Kia aim to localize their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells. This strategic move will position them as the pioneers in applying domestically produced batteries in their upcoming EV models in the Indian market, the companies said.
Hyundai and Kia partner with India-based Exide for EV batteries digitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitimes.com Daily Mail and Mail on Sunday newspapers.
Hyundai, Kia ink MoU with Exide Energy to source LFP batteries for EVs in India financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
With this announcement, the Hyundai Group has effectively confirmed it intends to use LFP chemistry for its future electric vehicles for the Indian market.