February 19, 2025
Hyundai Motor Group and LG Energy Solution to Establish Battery Cell Manufacturing Joint Venture in the U.S.

– • The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built – • Total investment amount of over USD 4.3 billion; HMG and LGES to take a 50 percent stake respectively – • JV’s battery production aimed to start at the end of 2025 with an annual production capacity of 30 GWh…
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