TOKYO -- Hyundai Motor Group and LG Energy Solution said on Friday that they will build a battery factory in the U.S. to supply Hyundai's electric vehicles there, as they are keen to benefit from American subsidies.
Automobiles
Hyundai Motor, LG to build $4.3bn EV battery factory in U.S.
South Korean automaker, battery maker cooperate to benefit from American subsidies
Hyundai Motor Group and LG Energy Solution are teaming up to meet booming demand for electric vehicles. (Source photos by Reuters and AP)
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