- American Chamber of Commerce in Korea
- Your Partner in Business Since 1953
>
>
2023.04.28
Hyundai Motor, SK On
to build $5 billion EV battery plant in Georgia
By Sarah Chea, Korea
JoongAng Daily - Hyundai Motor Group and SK On will together invest $5 billion
to build an electric vehicle battery plant in Georgia.
Owned 50-50, the battery plant will be located in Bartow County, where Hyundai's first electric vehicle factory is under construction. Boards of Hyundai Motor, Kia and Hyundai Mobis approved the plan Tuesday.
The plant will have a 35 gigawatt-hour production capacity, which is enough to power 300,000 electric vehicles. The batteries will be made into battery packs by Hyundai Mobis and will be supplied to Hyundai, Kia and Genesis electric vehicles.
American Chamber of Commerce in Korea
Address: 15Fl., Two IFC, 10, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul 07326, Korea
Name of Representative: James Kim
Business Registration No: 771-82-00210
E-Commerce No: 2019-서울영등포-0027
Monday through Friday, 9:00am to 6:00pm (Closed on Korean Public Holidays.)
ⓒ 2023. American Chamber of Commerce in Korea. All Rights Reserved. Powed by WhateverSearch
230428_Hyundai.png