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LG Energy, Hyundai join forces to put up an EV battery plant in Indonesia


LG Energy, Hyundai join forces to put up an EV battery plant in Indonesia
Photo by: Hyundai/Facebook
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LG Energy Solution and Hyundai Motor Group are working together to build an electric battery plant in Indonesia. The plan was revealed on Thursday, July 29, and they will be investing more than $1.1 billion for the project.
As per The Korea Herald, LG Energy and Hyundai Motor already signed a memorandum of understanding (MOU) with the government of Indonesia so they can construct the EV battery facility in the country. The soon-to-rise factory is expected to produce 10 gigawatt-hours worth of nickel, cobalt, manganese, and aluminum (NCMA). ....

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Hyundai Mobis strives to secure future growth innovations


Hyundai Mobis strives to secure future growth innovations
Posted : 2021-05-03 12:57
By Kim Hyun-bin
Hyundai Mobis is moving away from its traditional auto component company image and working to transition into a leading platform and software firm to secure future growth engines within the industry.
Through a differentiated series of strategies, the company aims to secure long-term growth businesses, diversify its customer base and come up with innovative business models to fuel future growth.
Hyundai Mobis is seeking a total transformation to meet the ever-changing landscape of the current auto industry ecosystem better, the company said.
Currently, the auto industry has been going through major restructuring focusing on three key words mobility service, automation and full-self driving (FSD). Not only carmakers, but the industry in general has been going through major changes, pressuring traditional vehicle component companies to swiftly adapt. ....

Hyundai Motor Group , Hyundai Mobi , Hyundai Mobis , ஹூண்டாய் மோட்டார் குழு , ஹூண்டாய் மோபி , ஹூண்டாய் மொபிஸ் ,