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Apr 25, 2023, 10:40 am166 pts
Electrek![photo of Hyundai and SK On finalize $5B US battery factory [Update] image](https://electrek.co/wp-content/uploads/sites/3/2022/11/Hyundai-US-battery-plant-1.jpeg?quality=82&strip=all&w=1400)
Hyundai Motor Group and SK On plan to invest roughly $5 billion to build a new EV battery plant in the US. The partners recently signed a memorandum of understanding (MOU) on November 28 in Georgia, where Hyundai is building its first dedicated EV facilities. Hyundai and SK finalized plans for their North…
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