Hyundai Motor Group Signs MoU with SK On Co. to Secure Batteries for EVs Built in the U.S.

Hyundai Motor Group is moving one step closer to securing the batteries its needs for future electric vehicles the automaker will build in North America. The automaker announced the signing of a MoU with battery maker SK On Co., Ltd to secure a supply of batteries for EV production in the U.S. The agreement is part of the automaker's plans to become one of the world's largest manufacturers of electric vehicles.

FutureCar Staff 2022-11-29 09:40 PT