Hyundai to develop LFP batteries for group’s EVs from 2025

On November 6, 2023, Hyundai Motor Group reportedly revealed a plan to develop and build its own LFP batteries with small battery makers in Korea. 
The group is expected to introduce LFP batteries in Hyundai and Kia electric cars from 2025.
Hyundai revealed, at its 2023 investor day held in June, a USD7.4 billion inv....

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