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Hyundai Motor Group to build $5.54B EV plant and battery factory in Georgia

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Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The Group plans to produce wide range of full electric vehicles for US customers at the new Georgia EV plant.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

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In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Group’s US manufacturing facilities for production of Hyundai, Kia and Genesis EV models.

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Toyocolor to supply SK Innovation with Lioaccum conductive CNT dispersions for Li-ion cathodes

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the colorants and functional materials division of Japan’s Toyo Ink Group, will supply the North American and European operations of SK Innovation, a South Korean lithium-ion (li-ion) battery manufacturer, with Toyocolor’s Lioaccum series of conductive carbon nanotube (CNT) dispersions. Toyocolor Co.,

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Georgia Tech launches manufacturing institute

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The Georgia Institute of Technology (Georgia Tech) has launched an interdisciplinary research institute to promote a technologically advanced and globally competitive manufacturing base in the United States. GTMI will focus on the complete innovation value chain—from raw and recycled resources to prototypes and finished products.

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SK Innovation to build $1.67B EV battery manufacturing plant in Georgia

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billion to build a new electric vehicle (EV) battery manufacturing plant in Georgia. Based on these technological capabilities, SK innovation has signed supply contracts with major automakers including Hyundai Motor Group, BAIC Group and Daimler AG. The new plant will be located in Jackson County, Georgia.

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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Hyundai Motor Group’s US manufacturing facilities for production of Hyundai, Kia, and Genesis EV models.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

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SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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