Mercom Insider

LG and Hyundai to Build $4.3 Billion Battery Cell Manufacturing Unit in US

Both companies will hold a 50% stake in the joint venture

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


LG Energy Solution (LGES) and Hyundai Motor Group have announced a joint venture to manufacture electric vehicle (EV) battery cells in the United States. The partnership aims to accelerate the group’s electrification efforts in North America and establish a strong foundation for the global EV transition.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS