Hyundai Mobis to acquire HL Green Power's plant in Chungju  [ Korea ]

Hyundai Mobis will acquire HL Green Power's plant in Chungju, Chungcheongbuk-do by the end of November 2014. HL Green Power is Hyundai Mobis' joint venture with LG Chem. It produces rechargeable batteries for automobiles. Hyundai Mobis will pay KRW 13,630 million for the deal. (From a press release on October 24, 2014)
<Oct 24, 2014>