The deceleration in global demand for electric vehicles (EVs) is putting the brakes on Korean battery makers’ plans to build manufacturing facilities overseas, according to industry officials, Sunday.
Hyundai Motor Group on Tuesday said it is investing $12.6 billion in new EV manufacturing and battery production in Georgia that will employ thousands. The.
SK On said Tuesday it has appointed the former chief executive of a major Korean auto components maker as its new chief commercial officer (CCO), as part of efforts to bolster growth strategies and responses to customers.