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LG Energy, Hyundai join forces to put up an EV battery plant in Indonesia Photo by: Hyundai/Facebook Related Stories 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). ....
Corning Reports Outstanding Second-Quarter 2021 Results, globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Hyundai Mobis introduces new grille for EV and AV finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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. ....