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Hyundai Mobis to build new EV battery pack plant in Chungju, South Korea
The government of Chungcheongbuk-do, South Korea, announced Hyundai Mobis Ltd. (Hyundai Mobis) will build a new plant in Chungju to produce battery packs for electric vehicles (EV). The company plans to invest KRW 500 billion (JPY 55 billion) in stages, starting with an investment of KRW 200 billion (JPY 22 billion).....
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