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Relocating production lines takes years of planning and construction and requires massive amounts of space and capital.
JAKARTA] Indonesia has confirmed that a US$9.8 billion electric vehicle (EV) battery investment project will move forward, ...
South Korea’s LG Group has decided to withdraw from a KRW 11 trillion (US$ 7.7 billion) project to establish an electric ...
Automotive supplier Webasto is one of the key suppliers for the Kia EV3. According to the company, it produces battery ...
Hyundai Motor Group Metaplant America opened in Georgia just months after breaking ground, marking the largest economic ...
Indonesia has tried to leverage its large reserves of battery metal nickel to draw investment from foreign firms. Read more ...
South Korea's Hyundai Motor Group said on Monday that it has signed a memorandum of understanding with Posco Holdings for ...
The Ulsan complex manufactures the Ioniq 5 and Kona EVs.
Over the past few years, electric vehicle (EV) manufacturing facilities producing lithium batteries and EV car parts were ...
Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow ...
Hyundai just opened a $7 billion manufacturing plant for electric and hybrid vehicles, and it plans to invest even more over ...